The Labor Department on Tuesday will release the February consumer price index data, which is expected to show that inflation remained uncomfortably high.
A closely watched inflation report due Tuesday is expected to show that progress in fighting price pressures within the economy slowed again in February. Economists expect the consumer price index, which measures a range of goods that includes gasoline, health care, groceries and rent, to show that prices rose 3.1% in February – unchanged from the previous month. On a monthly basis, inflation is seen rising 0.4%, which is higher than the 0.
401 HARDSHIP WITHDRAWALS ARE SURGING AS HIGH INFLATION SQUEEZES AMERICANS The central bank is closely watching the report for evidence that inflation is finally subsiding as policymakers try to gauge what comes next for interest rates in 2024. Central bank officials have opened the door to cutting interest rates this year, but have pushed back against the market's aggressive expectations.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Weekly Horoscope: February 18 - February 24See what this weekly horoscope has in store for you, including the start of Pisces season bringing big feelings.
Lire la suite »
Labor market tops expectations again: 275,000 jobs added in FebruaryGovernment data shows hiring cooled from January and the unemployment rate rose to 3.9%.
Lire la suite »
US added 275,000 jobs in February as labor market stays hotRob Wile is a breaking business news reporter for NBC News Digital.
Lire la suite »
US Department of Labor announces $200 million in grants to help build apprenticeship programsIn-demand industries like healthcare, cybersecurity and education are getting millions in funding to develop apprenticeship programs.
Lire la suite »
Bronx BP Vanessa Gibson and State Labor Department host career fairThe New Black View
Lire la suite »
Meet Dogs in a Pile, the Jam Scene's Newest Must-See BandDogs in a Pile plays the Bluebird Theater on Friday, February 16, and Saturday, February 17.
Lire la suite »