The Latest Breaking News from Inflation

The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.

March S&P 500 E-Mini futures (ESH24) are down -0.02%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.11% this morning after three major U.S. benchmark indices ended the regular session higher despite a slightly hotter-than-expected U.S. consumer inflation report, with investors looking ahead to U.S. retail sales numbers and…

According to the numbers issued by the government's INDEC statistics agency Tuesday, Argentina's monthly inflation dropped to 13.2% in February, compared to 20.6% in January. Whereas, the inflation was 25.5% in December.

The March Consumer Price Index (CPI) — a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services — rose 0.4% in February, above market expectations of 0.3%.