March 15 (Bloomberg) -- The cost of living in the U.S. rose more than projected in February due to the biggest jump in gasoline prices in more than three years. The consumer-price index was up 0.7 percent, a Labor Department report showed today in Washington. The median forecast of 81 economists surveyed by Bloomberg called for a 0.5 percent increase.
The Federal Reserve Bank of New York’s general economic index eased to 9.2 this month from 10 in February, which was the highest since May. Betty Liu and Sara Eisen report on Bloomberg Television's "In the Loop." (Source: Bloomberg)