What Happened
Core inflation was 3% in February, as expected, key Fed gauge shows CNBCInflation was cooling.
Why It Matters
Now the Iran war could push it back to 2024 levels. CBS NewsUS PCE inflation picks up in February; consumer spending solid ReutersHow the Iran war affects Americans' inflation expectations AxiosKey inflation gauge remains elevated in February before Iran war AP News
Background Context
Core inflation was 3% in February, as expected, key Fed gauge shows CNBCInflation was cooling. Now the Iran war could push it back to 2024 levels. CBS NewsUS PCE inflation picks up in February; consumer spending solid ReutersHow the Iran war affects Americans' inflation expectations AxiosKey inflation gauge remains elevated in February before Iran war AP News
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Source: Business – Latest – Google News – Original Link
Source: Business – Latest – Google News
