A special scorching rising cost of living understanding fans anxieties Fed usually push back price cuts
A different hotter-than-requested rising cost of living reading was fueling trader concerns your Government Reserve would need to push back the quantity and you may timing of interest speed slices this present year. An individual Rate List (CPI) flower step 3.5% across the earlier 12 months for the February, a speed away from February’s 3.2% annual acquire inside pricing and most economists asked.