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Published 2 months ago

February CPI Report Forecasts Show Inflation Rising Faster Thanks to Gas Price Spike

Summary by Ground News
Consumer Price Index report for February 2023 is expected to show inflation heating up again. But even excluding higher costs at the pump, the report is likely to show that upward pressure on prices is remaining stickier than Federal Reserve officials may want. Recent data showing stubborn price and wage pressures has investors wondering whether progress on inflation is stalling.

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