This is a developing story about the February 2026 consumer price index. Please check back for updates.Inflation remained elevated in February as the pace of consumer price growth stayed above the Federal Reserve's target rate as policymakers weigh affordability concerns.The Bureau of Labor Statistics on Wednesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.3% on a monthly basis in February and held steady at 2.4% on a year-over-year basis. The annual figure was unchanged from January, while the monthly g...

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