US EditionUS Inflation Held Steady at 2.4% Annual Pace in February Before Middle East Energy Impact
U.S. consumer prices rose 2.4% year-over-year in February, with analysts forecasting a sharp inflation increase in March due to surging oil and gasoline prices after the Iran conflict.
- On Wednesday, the Bureau of Labor Statistics released the CPI showing annual inflation was unchanged at 2.4% in February.
- Monthly data show prices rose 0.3% month‑over‑month in February, faster than January's 0.2%, while economists had forecasted a 0.3% monthly increase and an annual rate of 2.5%.
- The timing matters because the February data were gathered before the United States and Israel launched an attack on Iran, and the two‑week conflict has already pushed up energy costs and raised pump prices for Americans.
- FOMC members will meet next week to decide rates, with CME FedWatch showing nearly a 100% chance of a hold despite the Friday jobs report revealing a 92,000 job loss last month.
- Economists predict Iran War effects to appear in the next report with a March CPI uptick, while Cory Stahle warns job seekers face tougher conditions amid 92,000 jobs lost last month.
214 Articles
214 Articles
Recession and stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’
"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.
Inflation rose to 3.21% in February, but US-Israel-Iran war impact yet to be felt
The data for February is the second inflation print under the updated Consumer Price Index series which has a base year of 2024 for prices and comes ahead of the Reserve Bank of India’s interest rate decision in early April.
The Times of Northwest Indiana
Inflation holds steady in February
US ECONOMY
US inflation report ‘obsolete’ amid war
US inflation steadied in February, new data showed Wednesday, though economists’ attention has swiftly turned to the potential for price hikes stemming from the Middle East conflict.The data suggested limited pass-through from President Donald Trump’s latest across-the-board tariffs, and while in one world he may have breathed a sigh of relief, the war in Iran rendered the new reading “pretty obsolete the moment it arrived,” an economic journali…
Inflation Remains Low in February Thanks to Susan Collins
Democrats’ disastrous economic policies sent inflation through the roof, but Susan Collins and Senate Republicans are bringing inflation down and building a strong economy. February’s report shows inflation remained low and steady, coming in at 2.4% since last year. “Inflation is low, mortgage rates are falling, and blue-collar wages are up. Susan Collins and Senate Republicans are delivering real results, while Janet Mills supported Democrats’…
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