U.S. Inflation Rose 0.2% In February, Matching Expectations

Summary

  • Gasoline prices fell 0.9%, which helped to moderate overall inflation. Food prices held steady.
  • Non-seasonally adjusted inflation rose 0.45% in the month, meaning TIPS principal balances will rise 0.45% in April.
  • The February number is the fifth in a six-month period that will determine the I Bond’s new variable rate, to be reset May 1.

Read my full analysis on SeekingAlpha.com

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About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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