US consumer price growth remains weak

US consumer prices were little changed in February, indicating that inflation continues to remain tame. The consumer price index rose 0.1%, from a month earlier. That matched the increase seen in January.

Inflation, strangely low, holds key to 2014 US Federal Reserve policy

SAN FRANCISCO/NEW YORK: Stubbornly weak inflation is shaping up as the wild card for US monetary policy makers this year, with top Federal Reserve officials stumped by why it has lingered so low for so long and at odds as to what to do about it.