CPI Holds at 2.4% While Fed Rate Cut Bets Explode

February’s 2.4% CPI reading is fueling Fed rate cut speculation, but this inflation pause might be setting up the biggest policy mistake since 2021. Here’s why the snapback could be brutal.

February’s 2.4% CPI reading is fueling Fed rate cut speculation, but this inflation pause might be setting up the biggest policy mistake since 2021. Here’s why the snapback could be brutal.