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US Inflation Held Steady at 2.4% Annual Pace in February Before Middle East Energy Impact
U.S. consumer prices rose 2.4% year-over-year in February, with oil price shocks from the late-month Iran conflict expected to push inflation higher in March, analysts said.
- On Wednesday, the Bureau of Labor Statistics released the CPI showing annual inflation was unchanged at 2.4% in February.
- Monthly data show prices rose 0.3% month‑over‑month in February, faster than January's 0.2%, while economists had forecasted a 0.3% monthly increase and an annual rate of 2.5%.
- The timing matters because the February data were gathered before the United States and Israel launched an attack on Iran, and the two‑week conflict has already pushed up energy costs and raised pump prices for Americans.
- FOMC members will meet next week to decide rates, with CME FedWatch showing nearly a 100% chance of a hold despite the Friday jobs report revealing a 92,000 job loss last month.
- Economists predict Iran War effects to appear in the next report with a March CPI uptick, while Cory Stahle warns job seekers face tougher conditions amid 92,000 jobs lost last month.
146 Articles
146 Articles
By Elisabeth Buchwald, CNN. Annual inflation remained unchanged last month at 2.4%, according to the latest consumer price index, released Wednesday. On a monthly basis, prices rose 0.3% in February, a faster pace than the 0.2% recorded in January, according to the Bureau of Labor Statistics. The February inflation data was collected before the United States and Israel launched an attack on Iran. The two-week conflict has already driven up energ…
Inflation Stable in February, Matching Expectations, New CPI Report Shows
Inflation held steady and mirrored analysts’ expectations in February, Consumer Price Index (CPI) data released Wednesday show. The month’s CPI results were largely in line with analysts’ expectations. February’s CPI rose a seasonally-adjusted 0.3% from January and an unadjusted 2.4% from 12 months earlier. Meanwhile, the “core” CPI, which excludes the volatile food and energy sectors, increased 0.2% over the month and 2.5% from February 2025.Th…
Washington. Inflation in the United States remained stable in February, at 2.4% year-on-year, according to official data published on Wednesday that did not contemplate the explosion of oil caused by the war in the Middle East.The consumer price index (CPI) was in line with what the markets expected.The rise of 2.4% year-on-year was the same as recorded the previous month.In the month-to-month measurement, the price index advanced 0.3%, also in …
Inflation Held Steady In February Before Iran War
Inflation in February clocked in at 2.4 percent annualized, unchanged from the previous month, the Bureau of Labor Standards stated in its monthly report released Wednesday morning. Food and housing costs ticked up, but were offset by falling prices for other goods and services like used cars. The report does not reflect the impact of the ongoing war in Iran, which has created a spike in energy costs as Iran’s closure of the Strait of Hormuz has…
Why Newmont Corporation Stock Dropped Again Today
Key PointsThe U.S. Bureau of Labor Statistics reported 2.4% CPI growth in February, stoking inflation fears.Inflation can be bad for gold prices -- and for Newmont stock.10 stocks we like better than Newmont › Newmont Corporation (NYSE: NEM) stock declined 3.2% through 11:30 a.m. ET Wednesday as gold prices took another turn for the worse. This morning, the U.S. Bureau of Labor Statistics reported the Consumer Price Index (CPI) rose 2.4% for a s…
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