Economists expect February’s Consumer Price Index report to show rising consumer prices and inflation stuck well above the Fed’s 2% target. The year kicked off with softer-than-expected inflation in January, thanks to early dips in durable goods and energy prices. While the Iran War has caused oil prices to spike over the last week, economists say February’s CPI data was collected before the start of the conflict and won’t reflect the surge in energy prices. “This data is from before the recent conflict in the Middle East broke out, so it’s not going to give us a whole lot of information on how prices are starting to ... (full story)