Week Ahead
US Inflation Set to Stay Sticky as Tariff Risk Looms
Core consumer prices likely rose 3.2% from February last year.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
US consumer prices probably rose in February at a pace that illustrates plodding progress on inflation for Federal Reserve officials. They may be content to remain on the sidelines to assess a policy whirlwind from the Trump administration.
Bureau of Labor Statistics figures on Wednesday are projected to show that the consumer price index minus food and energy climbed 0.3%, based on the median estimate of economists surveyed by Bloomberg. While less than January’s 0.4% gain in January, the magnitude of the increase leaves annual price growth elevated.