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(Bloomberg) -- The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer rather than raising them again.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug

(Bloomberg) -- Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and clothes, reinforcing the Federal Reserve’s cautious approach to cutting interest rates.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflat

Most Federal Reserve officials last month flagged concerns over moving too quickly to cut interest rates, indicating such risks outweighed keeping borrowing costs elevated for too long.

(Bloomberg) -- The Federal Reserve held interest rates steady for a fourth straight meeting and signaled an openness to cutting them, though Fed Chair Jerome Powell threw cold water on investors’ hopes that reductions would begin in March. Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierDeutsche Bank Plans To Cut 3,500 Jobs And Lift PayoutsTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyHouse Passes $78 Billion Business, Child

(Bloomberg) -- The US economy’s fourth-quarter growth trounced forecasts as cooling inflation fueled consumer spending, capping a surprisingly strong year that defied recession calls.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearBoeing Blocked From Building More 737s in Hit to Growth PlanMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionGross domestic product increased at a 3.3% annualiz