Inflation Turns Up the Heat in February
With the Federal Reserve's March policy meeting less than a week away, a full menu of economic data reports released Mar. 15 gave Ben Bernanke & Co. plenty to chew on. The main course was data on wholesale inflation for February, and the numbers may have been a bit too spicy for the Fed. But that hotter-than-expected offering was tempered somewhat by weaker showings for two regional economic surveys, alongside an encouraging reading on first-time jobless claims.
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