Ahead of Iran war, inflation held steady
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The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 and is down from December's 2.7% annual rate.
Inflation held steady in February as the headline figure for the Consumer Price Index remained at 2.4% year-over-year.
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts. Follow along with our live coverage here.
In February, US CPI inflation rose 2.4 per cent annually, in line with expectations . The data predates the outbreak of war in Iran and will not give much of a st
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
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