The U.S. Consumer Price Index (CPI) increased by 2.9% year-over-year, while the Core CPI, which excludes food and energy prices, rose by 3.1%. Both figures align with market expectations, indicating a steady inflation rate. These metrics are closely watched by investors and policymakers as indicators of economic health and potential monetary policy adjustments.
U.S. CPI and Core CPI Rise 2.9% and 3.1% Respectively, Meeting Expectations
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