Inflation rate eased to 2.8% in February, lower than expected

Key Points The consumer price index for both all-items and core increased 0.2% in February, slightly below expectations. On an annual basis, headline inflation was at 2.8%, while core was at 3.1%. Both also were 0.1 percentage point below the Wall Street consensus and the previous month’s levels. The report provided some relief as consumers and businesses worry about the looming impact tariffs might have on inflation ==================================================================== Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the looming impact tariffs might have on inflation, the Bureau of...