U.S. inflation holds steady in February, with shelter and energy driving gains
February's Consumer Price Index rose 0.3% month-over-month, or 2.4% year-over-year; core CPI (excluding food and energy) also ticked up 0.2% m/m, 2.5% y/y.
Why it matters
This steady inflation reading shapes expectations for Fed action - especially on interest rate cuts - affecting borrowing costs and 401(k) planning.
The big picture
Inflation data is the key input for Fed decisions this week.