Consumer Price Index shows inflation cooling; Fed to decide on interest rate hike next week

By John Herring Last updated Mar 14, 2023

Consumer Price Index shows inflation cooling; Fed to decide on interest rate hike next week – CBS News

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The Consumer Price Index report for February indicates inflation is cooling off. The new numbers were released a few days after Silicon Valley Bank and Signature Bank failed, and ahead of a Federal Reserve meeting on interest rates next week. Megan Greene, the global chief economist at Kroll, joins CBS News to discuss.

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