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ECONOMICS COMMENTARY Mar 15, 2013

Largest monthly rise in US consumer prices since June 2009

A jump in gasoline prices meant US consumer prices rose more-than-expected in February, showing the largest monthly increase since June 2009. Core prices also rose. The increase will jangle some nerves at the Fed, but policymakers will remain focused on ensuring the economic upturn looks sustainable and robust before worrying too much about inflation.

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