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Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direc ....
The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. Not michelle fleury. A huge rise but not heading in the not a huge rise but not heading in the right direction . The right direction . People were hoinu to the right direction . People were heping to see the right direction . People were hoping to see more the right direction . People were hoping to see more evidence hoping to see more evidence that prices were cooling and moving in th ....
Yi said china wants basically a relationship of mutual respect, Peaceful Cooperation and says if the us is obsessed with surpassing china, they are doing that to the detriment of themselves. The number of also Business Issues raised, fashionable Artificial Intelligence, china saying it really wants Global Governance but that all sides need to be included in the ai race, as well as the issues of belt and also being brought up. Well as the issues of belt and also being brought up. Yes, he didnt shy also being brought up. Yes, he didnt shy away also being brought up. Yes, he didnt shy away from also being brought up. Yes, he didnt shy away from more didnt shy away from more sensitive topics as well i understand from what did he have to say about russ ....