U.S. February CPI Report Unlikely to Alter Fed's Short-Term Policy, Says Bank of America

Bank of America has indicated that the U.S. Consumer Price Index (CPI) report for February is unlikely to influence the Federal Reserve's short-term policy stance. According to Jin10, the bank anticipates that the February CPI report will continue to reflect moderate growth in consumer prices, with overall CPI and core CPI expected to rise by 0.3% month-over-month.