Core Consumer Prices Rose More Than Forecast in February

The video discusses the latest CPI data, highlighting a 0.4% gain in the headline CPI and a 0.5% increase in the core CPI, which is higher than expected. The year-over-year core CPI falls to 5.5%, while the headline CPI meets expectations at 6%. The discussion covers market reactions, noting that the two-year yield remains stable despite the hotter-than-expected core read. The video also examines the impact of shelter costs and other economic indicators like gasoline and used cars on the CPI. Finally, it analyzes the core X housing and goods inflation, noting no change from previous months.

What was the change in gasoline prices as mentioned in the text?

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What is the significance of the core X housing inflation rate mentioned?

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