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A key inflation reading is due out Tuesday morning. Here’s what to expect

A key inflation reading is due out Tuesday morning. Here's what to expect

Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022.

Elijah Nouvelage | AFP | Getty Images

Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve’s decision to take a go-slow approach with interest rate reductions.

Economists expect that prices across a broad spectrum of goods and services rose 0.4% on the month, just ahead of the January pace for 0.3%, according to…


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