Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

• The consumer price index rose 0.4% in February and 6% from a year ago, in line with market expectations.
• A drop in energy prices helped keep inflation in check, while shelter costs increased sharply.
• The probability that the Fed would raise benchmark interest rates a quarter percentage point next week increased following the report.

https://www.cnbc.com/2023/03/14/cpi-inflation-february-2023-.html