February inflation holds at 2.4% as energy-price jump looms

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Source: The Washington Post
February inflation holds at 2.4% as energy-price jump looms
Photo: The Washington Post
TL;DR Summary

Inflation in February rose 2.4% year over year, the same pace as January, but the measure does not capture a coming surge in energy costs tied to the U.S.–Israel campaign against Iran; gasoline, airline and shipping costs are rising, placing pressure on the Fed and policymakers.

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