Inflation Rises Slightly in February
Mesa News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Inflation in the U.S. ticked up slightly in February, with overall prices rising 0.3% for the month and 2.4% year-over-year, primarily due to increased costs for food and energy. Gasoline prices surged 0.8% last month, while utility gas services skyrocketed 3.1% and electricity prices fell 0.7%. Grocery prices also rose, with meats, poultry, and fish increasing 0.2% monthly and 6.8% year-over-year. Eggs, however, became cheaper, dropping 3.8% in February and 42.1% compared to last year. This data suggests the Federal Reserve may maintain its key interest rate at 3.5% to 3.75% during its March 17-18 meeting.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/d5f01129875e1b82