US inflation cools to 2.7%, missing 3.1% forecasts

According to the Bureau of Labor Statistics, the Fed’s preferred inflation gauge (consumer price index) rose at a 2. 7% annual pace, well under the 3. 1% economists expected. The core CPI number came in softer too, rising 2. 6% over the past year instead of the 3% forecast. That measure excludes food and energy, and it usually […] source: https://www.cryptopolitan.com/us-inflation-cools-to-2-7/