Economy· August 17, 2026 at 09:00 a.m.
Inflation Data Eases Pressure on Fed for Rate Increase
Key takeaways
- Inflation rose by 0.3% in February
- Core inflation increased by 0.1%
- Fed may reconsider rate hike plans
The latest inflation data released by the U.S. Bureau of Labor Statistics showed a modest increase, providing some relief to the Federal Reserve as it considers raising interest rates. The Consumer Price Index (CPI) rose 0.3% in February, below expectations of a 0.4% increase.