Topline
Annual inflation in February fell for an eighth-straight month—temporarily easing concerns about the future of the Federal Reserve’s tightening campaign—but some experts are increasingly worrying the government’s plan to guarantee failed bank deposits may complicate the path of inflation, and ultimately make it worse.
Key Facts
Consumer prices rose 6% on an annual basis, according to data released by the Labor Department on Tuesday, marking the smallest year-over-year increase since September 2021 and falling in line with economist expectations after a 6.4% spike in January.
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