U.S. inflation eases but stays high, putting Fed in tough spot 

A WORKER ORGANIZES items at a Walmart Supercenter in North Bergen, N.J. On Tuesday, the Labor Department reports on U.S. consumer prices for February. U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system. The government said Tuesday that prices increased 0.4% last month, just below January’s 0.5% rise. / ASSOCIATED PRESS / EDUARDO MUNOZ ALVAREZ
WASHINGTON (AP) – U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.  The government said Tuesday that prices increased 0.4% last month, just below January's 0.5% rise. Yet excluding…

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