U.S. inflation up again in February in latest sign that price pressures remain elevated

SHOPPERS CARRT their purchases in Bradenton, Fla, Consumer prices rose 0.4% from January to February, a pickup from the previous month’s figure of 0.3%. Compared with 12 months earlier, consumer prices rose 3.2% last month, faster than January’s 3.1% annual pace. ASSOCIATED PRESS FILE PHOTO / GENE J. PUSKAR

WASHINGTON (AP) – Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year. Prices rose 0.4% from January to February, higher than

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