The Cleveland Fed has released the latest Consumer Price Index (CPI) data for February. The median CPI saw a monthly increase of 0.3%. On a year-over-year basis, this figure rose to 3.5%, a slight decrease from January’s 3.6%. The trimmed-mean CPI also increased by 0.3% in February. Annually, it remained steady at 3.1%, the same as in January. Additionally, the CPI excluding food and energy rose by 3.3% year-over-year, down from 3.1% in the previous month. These statistics provide a clear snapshot of the current inflationary trends, highlighting the subtle shifts in consumer prices across different measures.
Harshit Nanda
@Harshit_btc
·
8h US CPI DATA RELEASES
CPI Actual – 2.8%
Forecast – 2.9%
Positive for markets as we get More Rate cuts in next FOMC Meeting
#CPI
#Trump
#Bitcoin
SooparApe
@SooparApe
·
6h CPI numbers are officially out and it shows slight improvement of inflation
The battle was lost, but the war has just begun !
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