US inflation fell more than expected to 2.8% in February
US inflation fell more than expected to 2.8 per cent in February, potentially paving the way for earlier interest rate cuts by the Federal Reserve.
Wednesday’s annual consumer price index figure was below both January’s 3 per cent and the 2.9 per cent expected by economists, according to a Reuters poll.
Core inflation rose by 3.1 per cent, falling short of expectations от 3,2 % нарастване.
Фючърсите на акциите удължени облагите в сряда, защото вложителите се обзалагат, че Фед ще понижи процентите по -бързо. Фючърсите на S&P са нарастнали с 1,4 на 100, спрямо 0,8 % преди цифрите.
мярка за силата на $ по отношение на кошница от шест други валути е повишена с 0,3 на 100. growth.
Businesses and financial markets have been rattled by the chaotic rollout of Trump’s tariffs on the US’s biggest trading partners, which has been marked by a series of sudden escalations and U-turns.
Last week, Fed chair Jay Powell played down concerns over the...
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