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Three people are looking at eggs in a grocery store
Customers shop for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas.

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  • Inflation in the US as measured by the consumer price index slowed again.
  • The consumer price index rose 6.0% year-over-year in February, less than January's year-over-year change of 6.4%.
  • The cooldown should be welcome news to the Fed as it prepares for its interest rate decision next week.

Elevated inflation continued to fall in February, based on year-over-year changes, and matched the forecast from economists.

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Inflation cooled down again in February as the Fed wrestles with the Silicon Va…