Contained Consumer Prices Supportive of Easy Monetary Policy |
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Contained Consumer Prices Supportive of Easy Monetary Policy The Consumer Price Index (CPI) held steady in February, after four consecutive monthly gains of 0.2%. The 0.5% decline of the energy price index just offset gains in food prices and core items. Declines in prices of gasoline, electricity and heating oil more than offset the hike in natural gas prices. On a year-to-year basis, the CPI has risen 2.1% in February, after posting larger gains in each of the three prior
Filed under: Fundamental
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