Unexpected Rise: U.S. CPI Inflation Surges to 3.2%

  • The U.S. Consumer Price Index (CPI) rose to 3.2% year-over-year in February, slightly exceeding forecasts.
  • The core CPI, which excludes food and energy costs, also surpassed expectations, reaching 3.8%.
  • This unexpected inflation rise signals persistent economic challenges and may influence the Federal Reserve’s rate cut expectations.

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