Core MoM Inflation rates for the last 5 months: Oct: 0.3%, Nov: 0.3%, Dec: 0.4%, Jan: 0.4%, Feb: 0.5%

Data over the last 5 months for the core month-over-month CPI indicates that inflation has been accelerating since October 2022.

Among the current economic outlook lately, with multiple major bank failures, the Federal Reserve's fight against inflation appears to be failing.