US inflation falls more than expected to 2.8% in February

Stay informed with free updates

Just sign up to US inflation MYFT DIGEST – Shipped directly to your inbox.

In February, the US inflation fell into more than 2.8%, strengthening the federal reserve to reduce interest rates under the signs of slow growth of the world’s largest economy.

On Wednesday, the annual consumer price index was lower than 3% of January, as well as 2.9% expected by economists, according to Reuters inquiry.

Stock futures prolonged Wednesday. The future of S & P 500 has increased by 1.1 percent compared to 0.8 percent in front of numbers.

Futures markets are priced at two interest rates this year, with a third rate of 85%, with a margin before data release.

The Central Bank of the United States is faced with a difficult balancing job because it tries to restrain Inflation Without a decline, in the face of intensification, fear reinforcement that President Donald Trump’s aggressive economic agenda hinders growth.

Businesses and financial markets are shaken in a chaotic roll Trump Tariffs: On the largest trading partners in the United States, which are marked by a number of sudden escalations and turns.

The numbers of Wednesday showed that the main inflation increased by 3.1%, and the expectations of 3.2% growth decreased.

“The risks of tariffs will slow down the risk of tariffs later, so it is positive that the SITI’s ecology is positive. “It will make them feel less worried about the planning of reductions later in the year.”

Last week, Fed Chair Jay Powell had been concerned about the health of the US economy, after the post-election profits of the S & P 500 index, the liberation of frustrating figures in February.

Powell suggested that the Central Bank will wait at interest rates at the current rate by 4.25% and 4.5% next week, saying that Fed is “focused.”

The areas that recorded the biggest rise in prices included medical care and used cars, while air fares and new cars seemed to be worth the costs.

Egg prices, significant investor in a strong January reading, again in February, increasing a monthly annual growth of 59 percent.

“It’s good news, definitely, but I think we don’t want to overestimate it,” said Rayan Kual, General Manager of Oxford Economics. “Only China’s tariffs have entered into force in February, and it can take a little very soon at this stage of data.”