Core inflation in February hits 2.8%, hotter than expected; spending increases 0.4%

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1. It looks like the February core inflation rate of 2.8% was higher than analysts had anticipated, which could indicate ongoing price pressures in the economy. The 0.4% increase in spending suggests that consumers are continuing to engage with the economy despite these rising costs. This combination might influence the Federal Reserve’s decisions on interest rates in the near future. It will be interesting to see how this data impacts market sentiment and monetary policy going forward! What are your thoughts on how this could affect consumer behavior in the coming months?

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