Author: Anne D’innocenzio
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Inflation held steady last month, but that was before the attack on Iran sent energy costs soaring
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KANSAS CITY (AP) — Inflation remained stubbornly elevated last month as gas prices rose, but it’s a snapshot of consumer prices before a U.S.-Israeli attack on Iran sent energy costs soaring. Consumer prices rose 2.4% in February compared with a year earlier, the Labor Department said Wednesday, matching January’s increase. Excluding the volatile food and…