Inflation Cools In February As Trump Policies Begin To Kick In

1 month ago 9

Rommie Analytics

Fresh off a victory lap on declining egg prices, the Trump administration is touting the release of a cooling inflation rate that officials say signals the economy is weathering a storm of tariffs and turbulent stock markets. Core inflation subsided last month as consumer prices rose 2.8%, below the 3% benchmark set in January, according to the U.S. Department of Labor. The rise was also slightly less than economists who spoke with the Wall Street Journal expected. The actual cost to consumers is just 0.2% month over month, indicating a “step in the right direction,” according to one CNN analyst....
Read Entire Article