(CNBC) Inflation is just warming up, but by late spring it could get downright hot, even if temporarily. February’s consumer price index — a measure of inflation — is expected to be up moderately when it is released Wednesday at 8:30 a.m. ET. By May, the pace of headline consumer inflation on an annualized basis could be double February’s pace.
Inflation may have been warming up in February, but it could be hot by May
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