US inflation set to stay sticky as tariff risk looms

The US economy shows signs of softening with weaker consumer spending, sentiment, and homebuilding

- Bloomberg

US consumer prices probably rose in February at a pace that illustrates plodding progress on inflation for Federal Reserve officials content to remain on the sidelines as they assess a policy whirlwind from the Trump administration.

Bureau of Labor Statistics figures on Wednesday are projected to show that the consumer price index (CPI) minus food and energy climbed 0.3%, based on the median estimate of economists surveyed by Bloomberg. While less than January's 0.4% gain in January, the magnitude of the increase leaves annual price growth elevated.