American inflation is less than forecasting, offering some relief

US consumer prices increased at the fastest in four months in February, offering some reprife after months of stopping the progression of inflation.

According to the Bureau of Labor Statistics data on Wednesday, the Consumer Price Index increased by 0.2% after an increase of 0.5% in January. Often, except for unstable food and energy categories, the so -called core measures increased 0.2%.

The BLS said that almost half of the advance in the overall measure was due to the shelter.

While Wednesday’s report provides some relief, several measures still indicate that inflation is coming back again. And President Donald Trump rolled out a range of tariffs, expected to increase prices on various types of goods from food to clothes, testing consumers’ flexibility and comprehensive economy.

In a Congress address last week, Trump described high prices that Tariff is expected to be as “slight disturbances”, which should be able to overcome the nation. However, the uncertainty around his trade policy recently caused recession in the stock markets and ruled the possibility of recession. Trump on Tuesday demanded to reduce those concerns.

The Federal Reserve is patiently sitting in a waiting-and-appearance mode unless there is not much clarity on the administration’s functions and inflation trajectory, the authorities expected to keep the rates stable in the next week’s meeting. At the same time, increasing calls for recession have speculated that policy makers may cut rates soon compared to before.

The US Stock Futures moved higher, the treasury yield dropped and the dollar gained after the report.