Breaking News: US CPI Inflation Falls to 2.8% in February vs. 2.9% Expected
Inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), fell to 2.8% on an annualized basis in February from 3% in January, the US Bureau of Labor Statistics (BLS) reported on Wednesday.
The US Bureau of Labor Statistics (BLS) will release its high-impact Consumer Price Index (CPI) inflation report for February on Wednesday at 12:30 GMT.
The CPI figures could have a significant impact on the US Dollar (USD) and the Federal Reserve’s (Fed) cautious monetary policy stance.(Newsmaker23)
Source: FXstreet