The Fed already had a tough inflation fight. Now, it must deal with banks collapsing
Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.
The Federal Reserve's fight against inflation just got harder.
The high-profile collapse of two regional banks in recent days has sparked new fears about the country's banking system and raised questions about how much higher the Fed should push interest rates in its effort to curb prices.
Data released Tuesday showed inflation continues to ease, but prices are still climbing at a rapid rate.
Consumer prices in February were 6% higher than a year ago, according
