U.S. Consumer Prices Increase In Line With Estimates In February

U.S. consumer prices rose in February in line with economists' estimates, according to a Labor Department report released Wednesday. The in-line CPI print suggests inflation is tracking expectations and is unlikely to materially change near-term Federal Reserve policy or market pricing.

Analysis

U.S. consumer prices rose in February in line with economists' estimates, according to a Labor Department report released Wednesday. The in-line CPI print suggests inflation is tracking expectations and is unlikely to materially change near-term Federal Reserve policy or market pricing.