steady

Does gold investing make sense if inflation is steady? 3 things to consider now

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Steady (but low) inflation could be causing gold investors to reconsider their approach now. Andriy Onufriyenko/Getty Images An eagerly awaited inflation report released Wednesday may not have revealed the result investors were hoping for.  Inflation in February remained identical to what it was in January, with the rate staying put at 2.4%. While that’s still … Read more

Inflation held steady in February before Iran war drove up gas prices, CPI report shows

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The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors.  “Inflation was starting to ease in … Read more