Inflation Increases Higher Than Expected In February

NO RELIEF AS THE LABOR DEPARTMENT SHOWS INFLATION ROSE IN FEBRUARY 2024

     "The U.S. Inflation Rose For A Second Time This Year In Labor Department's Key Inflation Report."

Tuesday, March 12, 2024, 10:30 A.M. ET. By Jennifer Hodges: Englebrook Independent News,

WASHINGTON, DC.- U.S. Consumers saw no relief as prices climbed for the Second Consecutive Month, as inflation remains stagnant, and fails to come down, creating a continuing hardship for Households across The Nation.

     On Tuesday, The U.S. Department of Labor said that The Consumer Price Index, a measure of the price of everyday goods that includes Gasoline, Groceries, and Rent, climbed 0.3 Percent in February from January. Prices Climbed 3.2 Percent from the same time last year, Faster than the 3.1 Percent figure that Economists Projected.

     Today's Labor Report will almost ensure that Interest rates will not come down and remain where they are.

FILED UNDER: MARCH 12, 2024: NATIONAL, LOCAL WASHINGTON, FINANCE: