Photo: A shopper inside an Aritzia store in the Soho neighborhood of New York City on January 22, 2024. Photographer: Shelby Knowles/Bloomberg A shopper inside an Aritzia store in the Soho neighborhood of New York City on January 22, 2024. Photographer: Shelby Knowles/Bloomberg

Underlying U.S. inflation topped forecasts for a second month in February, as prices jumped for used cars, air travel, and clothes, reinforcing the Federal Reserve's cautious approach to cutting interest rates.

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