The consumer price index likely remained stubbornly high in February as inflation continues to inflict financial pain on millions of American households.
's next policy-setting meeting on March 21-22 and will have major implications for the U.S. central bank, which is tightening monetary policy at the fastest rate in decades as it tries to crush out-of-control inflation.
However, rate-hike expectations were thrown into uncertainty after the stunning implosion of Silicon Valley Bank on Friday roiled global markets and triggered fears of a broader financial meltdown.
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