The latest data reveals a concerning trend as the Consumer Price Index experienced another increase in the month of February. This rise has shaken confidence that inflation is steadily moving towards the targeted 2% mark, causing unease among experts and consumers alike.
Key points from the text include:
– Consumer Price Index rose in February
– Inflation is not sustainably moving towards the 2% target
– Concerns have arisen regarding the trajectory of inflation
– Experts and consumers are feeling unsettled by the recent data
You can read this full article at: https://www.housingwire.com/articles/february-cpi-report-shows-strong-u-s-inflation/(subscription required)
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