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Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both
Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%, the Labor Department said today.
One economist called it "a disappointment, but not a disaster."
WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s
Despite February's elevated figures, most economists expect inflation to continue slowly declining this year.