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Consumer Prices Flat in Feb.

Lack of increase means Fed has an open door to a big rate cute next week

By Jim O'Neill,  Newser User

Posted Mar 14, 2008 8:41 AM CDT

(Newser) – Consumer prices were flat for February, pleasantly surprising economists who expected a 0.2% increase, reports the Wall Street Journal. This morning’s consumer price index eases concerns that inflation is accelerating as the economy slows, and it gives the Federal Reserve more reason to...   Read full story »

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