Higher prices at the gas pump pushed up inflation more than expected in February, according to the latest Consumer Price Index from the Bureau of Labor Statistics. However, inflation did slow in other key areas like food and housing, fueling a touch of positive news for the Federal Reserve and consumers alike. Overall, the closely watched inflation gauge showed that prices rose by 3.2% for the 12 months ended in February, the BLS said Tuesday. That’s up slightly from January’s annual reading of 3.1%, and higher than economists’ expectations. On a monthly basis, CPI rose by 0.4% in February, the fastest pace since ... (full story)