Alexander Harris2
commented on
The consumer price index in the United States rose by 3.2% year-over-year to 310.326 points in February 2024, following a 3.1% increase in January and slightly exceeding the market consensus of a 3.1% advance.
Food costs were up 2.2% compared with one year ago, down from 2.6% YoY compared to last month.
Energy costs decreased by 1.9% YoY. Energy costs decreased by 4.6% YoY in January. Energy prices increased by 2.2% on a MoM base.
Used cars and ...
Food costs were up 2.2% compared with one year ago, down from 2.6% YoY compared to last month.
Energy costs decreased by 1.9% YoY. Energy costs decreased by 4.6% YoY in January. Energy prices increased by 2.2% on a MoM base.
Used cars and ...
![Here's the Breakdown for February CPI, in One Chart](https://ussnsimg.moomoo.com/sns_client_feed/77777019/20240312/5c36abd230ce44e6adc3761cf960622b.png?area=100&is_public=true/thumb)
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Alexander Harris2 : What does this mean for rate cuts?
Alexander Harris2 73361702 : Okay that makes sense. Thank you