US CPI rose 0.4% mom in February, matched expectations. CPI core (ex-food and energy) rose 0.4% mom, above expectation of 0.3% mom. Food index was unchanged whole energy index rose 2.3% mom. Over the 12-month period, headline CPI accelerated from 3.1% yoy to 3.2% yoy, above expectation of 3.1% yoy. CPI core slowed from 3.9% […]

The post US CPI rises to 3.2% yoy in Feb, CPI core down to 3.7% yoy, both above expectations appeared first on Action Forex.