Tag:
core-inflation
Economy
US CPI Holds at 2.4% in February as Oil Shock Rewrites the Inflation Outlook
US CPI held at 2.4% in February 2026, in line with forecasts. But the clean data precedes an oil shock from the Iran war that analysts warn will reshape the March and April readings and the Fed's rate path.
Europe
US Gasoline Just Posted Its Biggest Weekly Jump Since Russia Invaded Ukraine. Diesel Is Worse.
US gasoline hit $3.41, up 14% in a week. Diesel surged 15.3%. The biggest weekly pump price jump since Russia invaded Ukraine. And the strait is still closed.
Stocks
ISM Prices Just Printed 70.5. The Dollar Rallied. Rate Cuts Didn’t.
ISM Prices Paid surged to 70.5, the highest since 2022. EUR/USD dropped to 1.17, GBP/USD clings to 1.34 as rate cut bets collapse.
