{video} The US Federal Reserve doesn’t meet until March 20 for its next policy decision and with the jobs report out of the way, all eyes are now on the CPI numbers for February due Tuesday. There’s been good news and bad news on the inflation front in the US lately. The headline CPI rate has been stubbornly stuck above 3.0% with core CPI glued nearer the 4.0% level. There was some comfort from core PCE inflation, which fell to 2.8% y/y in January, although the six-month annualized measure of the same gauge edged up from 1.9% to 2.5% y/y. Based on the forecasts, February’s readings of the consumer price index will ... (full story)