U.S. Inflation Eased More Than Expected in February

Inflation eased in February, with the Consumer Price Index up 2.8% from a year earlier, below expectations, driven by lower core inflation and varying price changes in categories like food and fuel. President Trump’s tariffs are expected to impact prices in the future, causing concerns about economic growth and consumer sentiment. The Federal Reserve is likely to maintain its pause on rate cuts, with traders predicting three cuts this year due to rising economic uncertainty.

Full Article