March 11, 2026
Disinflation Appears on Track in Final Pre-war CPI Print
Core CPI increased at an annualized rate of 2.62% in February, in line with consensus expectations and nearly a full percentage point below January’s pace. Housing inflation continued to decelerate, reaching the lowest monthly pace of the cycle, 2.26% annualized. Core goods prices rose at an annualized rate of 0.98% in February. Core goods inflation has accelerated slightly in each…