Inflation bellwether
Consumer price index Investors will have their eye on the seasonally adjusted percent change government’s latest monthly measure of prices at the consumer level.
Financial markets have been unsettled lately by signs pointing to higher inflation. Traders fear that a pickup in inflation will lead the
Federal Reserve to raise interest rates sooner than previously expected. The Labor Department releases its consumer price index today. Economists expect the
February reading to show a gain of
0.2 percent.