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US inflation fell more than expected to 2.8% in February

U.S. Inflation fell to 2.8% in February, down from 3% in January, according to the Bureau of Labor Statistics .
Egg prices soared 58.8% year over year, significantly impacting overall food costs, BLS stated.
Prices for chicken eggs rose dramatically by 58.8% year over year, impacting the Consumer Price Index as noted by BLS.
Despite some price declines, inflation remains above the Federal Reserve's 2% target, as stated by White House Press Secretary Karoline Leavitt.

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abc Action News

New CPI report shows inflation cooled more than expected

The Consumer Price Index measures price changes across commonly purchased goods and services.The report, which included February's numbers, was just released on Tuesday. It showed a cooling of inflation to 2.8% compared to 3% the month prior.The inflation numbers actually came back pretty good this month This probably means that the Federal Reserve is going to hold interest rates steady next month, said Thomas Stockwell, assistant professor of e…

1 day ago·Tampa, United States

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Liberty Nation

First CPI Report of Trump Presidency Beats Market Estimates - Liberty Nation News

By Andrew Moran The Bureau of Labor Statistics released the February consumer price index (CPI), the first full dataset under President Donald Trump. The findings? It came in better than economists had expected, and early estimates suggest next month’s will be even better. Whether the good times will persist throughout 2025 depends on many variables, from crude oil […]

1 day ago

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abc 6 Philadelphia

Inflation eased a bit last month, but analysts are wary

In the 12 months through February, consumer prices rose 2.8%, which is down from 3% the month before.

2 days ago·Philadelphia, United States

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Boston Herald

Inflation slows through February, beating expectations

The Trump Administration was quick to celebrate when data released Wednesday by the Bureau of Labor Statistics showed inflation slowing through February, though the figure remains well above the Federal Reserve’s 2% target and some prices continue to climb. The consumer price index increased 2.8% for the twelve months ending in February, according to BLS, down from the 3% index seen in the year ending in January. The core consumer price index (e…

2 days ago·Boston, United States

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The Star News Network

Annual Inflation Rate Declines in Latest Federal Data | The Star News Network

by Casey Harper Lower energy prices drove down inflation in February, according new federal data released this week. The U.S. Bureau of Labor Statistics released new data Wednesday showing inflation rose just 0.2% last month, part of a 2.8% rise over the last year. The average annual inflation rate from January’s data was 3%, so overall annual inflation dropped in February. The decrease was partially driven by a decline in energy prices, a key…

2 days ago

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Washington Examiner

Good news on inflation - Washington Examiner

GOOD NEWS ON INFLATION. Biden-era inflation, what many call the “affordability crisis,” was the No. 1 reason Donald Trump was elected president for a second time. Yes, voters wanted Trump to fix the Biden disaster at the U.S.-Mexico border. And yes, they were concerned about crime, woke, and chaos in global affairs. But inflation was the No. 1 voter concern. Now, there is a bit of good news on the inflation front. The Bureau of Labor Statistics …

2 days ago·Washington, United States

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