Inflation: February’s Slightly Cheerful Dip The Federal Reserve received a bit of good news in February. Inflation eased more than expected, partly easing concerns about rising prices spurred by President Trump’s trade war. Though many are celebrating, uncertainty still looms. An Overview of February’s Inflation Data The Consumer Price Index (CPI) rose 2.8% from theGlobal Markets Recover Amid European and Canadian Countermeasures to U.S. Tariffs
By Stephen Culp Markets React to Mixed Inflation Data NEW YORK (Reuters) – In a surprising turn of events on Wednesday, Wall Street stocks plummeted sharply while U.S. benchmark Treasury yields touched their lowest in over a year. This development came as a key inflation report revealed a mixed path for price growth, all butU.S. Stock Markets Fall, Treasury Yields Decline Following CPI Report and Economic Debate
