Inflation rate eased to 2.8% in February, lower than expected
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Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 2h -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for Fed to cut interest rates amid signs of slowing economic growthFinancial Times - 1h -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 5h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 8h -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 9m -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - 1h -
Treasury yields edge up after CPI inflation data comes in cooler than expected
Bond yields turned higher Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 4h -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - 3h -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - 5d
More from CNBC
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Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 9m -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 57m -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 2h -
Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company
The poll is the latest sign of mounting frustration with the billionaire entrepreneur as he's become a rising politic figure.CNBC - 1h -
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The agency cited staffing and budget constraints as factors for why the trial should be pushed back.CNBC - 9m
More in Business
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Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 9m -
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The agency cited staffing and budget constraints as factors for why the trial should be pushed back.CNBC - 9m -
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 13m -
Winners and losers from the Wall Street sell-off
‘Ignored stocks’ outperform as Big Tech and banks slideFinancial Times - 15m -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 15m