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AllSides - Balanced News
AllSides - Balanced News
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Inflation ran hotter than expected in February as high prices persist
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Inflation ran hotter than expected in February as high prices persist

Inflation unexpectedly ticked higher in February thanks to a jump in the cost of gasoline and rent‚ underscoring the challenge of taming price pressures within the economy. The Labor Department said Tuesday that the consumer price index‚ a broad measure of the price of everyday goods including gasoline‚ groceries and rent‚ rose 0.4% in February from the previous month. Prices climbed 3.2% from the same time last year.  Both of those figures came in higher than the 0.3% monthly...
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