Key Fed inflation gauge rose 0.3% in February, less than expected

Key inflation gauge tracked by the Fed slowed in February

WASHINGTON (AP) — The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January. Measured year-over-year, prices rose 5%, slower than the 5.3% annual increase in Jan…

Inflation slowed in February, according to gauge

Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February.

Key inflation gauge rises by less than forecast

Consumer spending stabilizes, suggesting the Fed may be close to ending interest rate hikes.

A key inflation gauge tracked by the Fed slowed in February

WASHINGTON (AP) -- The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates. Friday's report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January. Measured year-over-year, prices rose 5%, slower than the 5.3% annual increase in Ja…

Key Inflation Gauge Tracked by the Fed Slowed in February

Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January.

A key inflation gauge tracked by the Fed slowed in February

WASHINGTON (AP) — The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates. Friday’s report from the Commerce Department showed that consumer prices rose 0.3% from January to February, down from a 0.6% increase from December to January. Measured year-over-year, prices rose 5%, slower than the 5.3% annual increase in Jan…