U.S. Inflation Rate and Consumer Confidence Index Show Mixed Results in February

The U.S. inflation rate for February is expected to be 3.5% for the one-year period, slightly below the anticipated 4%, according to BlockBeats. The previous value was recorded at 4.00%. Additionally, the preliminary reading of the University of Michigan's Consumer Confidence Index for February stands at 57.3, surpassing the forecast of 55 and the prior value of 56.4.