U.S. Inflation Holds at 2.7%, Slightly Below Expectations

The latest U.S. Consumer Price Index (CPI) data shows inflation holding steady at 2.7% in the most recent reading, matching the previous month but coming in just under the 2.8% expected by economists. The flat reading suggests price growth is stabilizing, providing a cautious boost to hopes that inflationary pressures may be easing. While still above the Federal Reserve’s 2% target, the steady figure could influence the central bank’s upcoming decisions on interest rates.