Market Data: Economic Reports Flash
Economic Data: March 12, 2024:
U.S. inflation exceeded expectations in February, yet it had minimal impact on forecasts for the Federal Reserve’s anticipated rate cuts later this year
- NFIB optimism index for February stands at 89.4%, slightly down from 89.9%
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Consumer Price Index (CPI) rose by 0.4% in February, with Core CPI also up by 0.4%
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Year-over-year CPI and Core CPI increased to 3.2% and 3.8% respectively.