U.S. | Core CPI Continues Upward Trend in February
Published on Wednesday, March 16, 2016 | Updated on Wednesday, March 16, 2016
U.S. | Core CPI Continues Upward Trend in February
Summary
Core CPI rose to 2.3% YoY, supporting another rate increase in the coming months. A third consecutive monthly decline in energy prices dragged down headline CPI. Transitory pressures are lasting longer than expected but the pass through to core is limited.
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Authors
Kim Fraser