Key Points
Consumer inflation posted a surprise acceleration in February, US government data showed Tuesday, a development that could give policymakers pause as they mull the timing to start interest rate cuts..
The annual consumer price index (CPI) came in at 3.2 percent last month, the Labor Department said, while the "core" measure stripping out volatile food and energy prices edged down slightly to 3.8 percent...
"The index for shelter rose in February, as did the index for gasoline," said the Department of Labor in its report...
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