U.S. Consumer Prices Increase Climb 0.4% In February, In Line With Estimates

Consumer prices rose in February in line with economists' estimates, according to a Commerce Department report, delivering no upside inflation surprise. The data is unlikely to materially shift Fed policy expectations or market pricing absent follow-up inflation or labor-market surprises.

Analysis

Consumer prices rose in February in line with economists' estimates, according to a Commerce Department report, delivering no upside inflation surprise. The data is unlikely to materially shift Fed policy expectations or market pricing absent follow-up inflation or labor-market surprises.