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US: February CPI report expected to show inflation moderated as 'stagflation' fears rise
February's Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as investors debate if and when the Federal Reserve will cut interest rates in 2025. The report, set for release at 8:30 a.m. ET on Wednesday, is expected to show price increases moderated during the second month of the year. Headline annual inflation is forecast to come in at 2.9% in February, just below January's 3% annual gain. On a month-over-month basis, prices are estimated to rise 0.3%, below the 0.5% increase seen in January. On a "core" basis, which strips out the more volatile ... (full story)
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