Inflation Holds Steady, for Now

New Department of Labor data has revealed that prices rose at a steady pace last month, but analysts fear the new conflict in the Middle East could drive up inflation well into 2026.

On Wednesday morning, the Bureau of Labor Statistics (BLS) found that the headline annual rate of inflation remained flat at 2.4 percent in February, while the monthly rate increased to 0.3 percent from 0.2 percent, in line with analysts' expectations. This compares to 3 percent and 0.4 percent, respectively, when President Donald Trump returned to the White House last January...