Moderation in US consumer inflation continues

Washington [US], March 15 (ANI): Consumer inflation in the US moderated in February to 6.0 per cent from 6.4 per cent the previous month, but still the numbers are way above the 2 per cent target.

It was at 6.5 per cent in December, and 7.1 per cent the month before.

The US central bank's policy rate is now in a target range of 4.50-4.75 per cent, the highest level in 15 years, and notably, it was near zero in the early p