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CPI report: Inflation rises slightly below February expectations

February's Consumer Price Index (CPI) report saw inflation rise by 0.2% month-over-month and 2.8% year-over-year, as published by the US Bureau of Labor Statistics (BLS) Wednesday morning, just below economist expectations of 0.3% monthly and 2.9% annual gains. Core CPI — which excludes food and energy prices — rose 0.2% monthly and 3.1% annually. Brad Smith and Madison Mills dive into this key inflation report. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.