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US inflation fell more than expected to 2.8% in February

  • U.S. Inflation decreased to 2.8% in February, down from 3.0% in January, according to the Labor Department.
  • Core prices rose 3.1% year-over-year in February, marking the lowest level since April 2021.
  • Concerns about inflation persist due to President Trump's tariffs, which many economists believe will keep inflation elevated this year, as stated by economist Dan North of Allianz Trade North America.
  • The Federal Reserve may maintain interest rates despite easing inflation, as said by economist Dan North of Allianz Trade North America.
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Barron's broke the news in New York, United States on Tuesday, March 11, 2025.
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