US February CPI ambiguous

16 March 2017

 

Consumer inflation continues to rise in the US, albeit at a slower pace than in January. Although the consumer price index (CPI) is not the US Fed’s preferred measure of inflation, rises and falls in the rate of CPI inflation add to the overall picture of the US economy’s price level.  February CPI figures released by the Bureau of Labor Statistics indicate consumer prices rose by just 0.1% for the...

read full story