US Inflation Rises in February in Sign Price Pressures Remain Elevated

FILE - People shop at a grocery store in Rosemead, California, on Jan. 19, 2024. Prices in the United States rose 0.4% from January to February, the Labor Department announced on March 12.

Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden's reelection campaign, both of which are counting on a steady easing of price pressures this year.