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Your daily horoscope: February 28, 2026

  IF TODAY IS YOUR BIRTHDAY At some point over the coming year the fog that too often clouds your brain will lift and you will “get it” at last. When that moment arrives you must act quickly to embrace new ideas, new ambitions and new ways of looking at the world. ARIES (March 21 - April 20): If you give yourself time to think this weekend you will come up with some interesting answers to problems that have plagued you for weeks. Too often you act first and ask questions later, but now you need to reverse that process. TAURUS (April 21 - May 21): Venus, your ruler, joins forces with Mercury in the friendship area of your chart this weekend, so chances are you will meet someone whose outlook on life fits perfectly with your own. What can you do together that makes a difference in the world? GEMINI (May 22 - June 21): Are you making the most of the talents you were born with? You may be doing well but the planets indicate strongly that you could be doing even better, so set your sigh...

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February Inflation: Consumer Prices Rise More Than Expected

 

Inflation in the United States continued its upward trend in February, surpassing expectations and raising concerns for policymakers. The Consumer Price Index (CPI), a key measure of inflation, rose 0.4% from January, in line with month-over-month expectations. However, the year-over-year increase was 3.2%, exceeding estimates of 3.1%.

Here are the key takeaways:

  1. Core CPI: Excluding food and energy costs, the core CPI increased by 3.8% year-over-year, slightly higher than the expected 3.7%.

  2. Gasoline Prices: Rising gas prices played a significant role in pushing up overall inflation. The surge in energy costs contributed to the unexpected acceleration in consumer prices.

  3. Federal Reserve Implications: The Federal Reserve closely monitors inflation data to guide its monetary policy decisions. With the latest CPI report, the central bank faces the challenge of balancing price pressures while ensuring economic stability.

  4. Market Impact: Investors are closely watching inflation trends, as they can influence interest rates and investment strategies. The unexpected rise in February’s inflation may impact market sentiment and expectations.

As the Fed’s next policy decision approaches, economists and policymakers will closely analyze this data. The question remains: Will the central bank take action to address inflationary pressures, or will it maintain its current stance? Only time will tell, but February’s CPI report provides valuable insights for investors and policymakers alike.

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