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flag US inflation slows in February, rising 0.2% month-over-month and 2.8% year-over-year.

flag US inflation slowed in February, rising 0.2% month-over-month and 2.8% year-over-year, according to the Bureau of Labor Statistics. flag Housing costs were a significant factor in the increase, while gasoline prices fell by 1%. flag The core CPI, excluding food and energy, rose 0.2% monthly and 3.1% annually. flag Economists suggest the Federal Reserve may ease monetary policy further due to easing inflationary pressures. flag Egg prices rose sharply, up 58.8% year-over-year. flag The report marks a decline in inflation after four months of increases under the previous administration.

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