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A shopper looks at clothing displayed at a Kohl's in Clifton, N.J., Jan. 26, 2024. On Tuesday, March 12, 2024, the Labor Department issues its report on inflation at the consumer level in February. (AP Photo/Seth Wenig)

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US inflation up again in February in latest sign that price pressures remain elevated
March 12, 2024 8:20 a.m.

US inflation up again in February in latest sign that price pressures remain elevated

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.