Dropping Egg, Oil and Other Prices Could Get Inflation Below 2.0% in the Summer
by Brian Wang from NextBigFuture.com on (#6VWD9)
The Bureau of Labor and Statistics reported that the consumer price index (CPI) for both all-items and core increased 0.2% in February, slightly below expectations. On an annual basis, headline inflation was at 2.8%, while core was at 3.1%. Both also were 0.1 percentage point below the Wall Street consensus and the previous month's levels. ...