Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday.

Mar 28, 2025 - 22:14
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Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday.