Economy

Inflation declines to 6% in February in sigh of relief for economy

By Zach Halaschak
Published March 14, 2023 12:32pm ET
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Inflation declines to 6% in February in sigh of relief for economy
In this June 17, 2014 photo, a stocker rolls product to restock at a Kroger grocery store in Richardson, Texas. The Commerce Department releases wholesale trade inventories for June on Friday, Aug. 8, 2014. (AP Photo/LM Otero) | LM Otero

Inflation slowed to a 6% rate in the year ending in February, the Bureau of Labor Statistics reported Tuesday, a welcome sign as the Federal Reserve prepares to meet for a monetary policy meeting.

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