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.
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Why Dollar General Stock Soared Today
Dollar General (NYSE: DG) experienced a 15.9% stock surge in Tuesday's trading following its impressive first-quarter results, which significantly surpassed Wall Street's sales and earnings targets. The company not only exceeded expectations for the period but also revised its full-year performance targets upward. This strong performance reflects Dollar General's robust position in the retail sector. Full Article
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