Central Banks
Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts
- Japan wage talks, UK pay numbers will draw investor attention
- China, Sweden, Brazil will release consumer-price numbers
A shopper inside a clothing store in the Soho neighborhood of New York.
Photographer: Shelby Knowles/BloombergThis article is for subscribers only.
Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower interest rates.
The core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen rising 0.3% in February from a month earlier after a 0.4% advance to start the year. The Labor Department will issue its CPI report on Tuesday.