February CPI reading lifts inflation

February CPI reading lifts inflation

The Consumer Price Index for last month rose more than expected. Home prices have begun falling again, the Central Bureau of Statistics reports.

Central Banks: Pivot, Pause, or Higher-for-Longer? - Tech

In February 2026, consumer prices in the United States rose 2.4% year-on-year, with core inflation at 2.5%, according to the latest CPI data.  This shows inflation cooling but still above the policy target that monetary authorities consider fully stable.  At the same time, Nigeria’s benchmark interest rate stands at 26.5% after the central bank trimmed it by 50 basis points in February, aiming to support growth while inflation begins to ease.  L…