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 RELEASESCPI 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 inflationThe battle was lost, but the war has just begun !
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
