Core U.S. inflation in February hits 2.8% – higher than expected

The core personal consumption expenditures price index, a key Fed inflation measure was up 0.4% in February 2025, putting the 12-month inflation rate at 2.8%

Consumer spending accelerated 0.4% for the month, below the 0.5% forecast, but personal income posted a 0.8% rise, against the estimate for 0.4%.

If we were to combine these higher inflation figures with Trump’s tariffs and the unrest Trump is creating around the world and of the tensions with Russia and China – it doesn’t bode well for the future!