US Inflation Falls to 2.8%, Lower Than Expectations
US inflation data released just today, right now, shows a decline to 2.8%, which is actually below the expected 2.9% rate. This latest US inflation figure essentially represents a softening from January’s 3% reading, potentially catalyzing upcoming Fed interest rate decisions and also providing much-needed relief for various major sectors of the US economy. BREAKING: US inflation falls to 2.8%, lower than expectations. — Watcher.Guru (@WatcherGuru) March 12, 2025 Also Read: Shiba Inu Crashes 43%: Time to Buy the Dip & Become Rich? How Inflation Data Impacts US Economy & Fed Interest Rates Source: Forbes The US Bureau of Labor Statistics, at the time of writing, reported that the Consumer Price Index (CPI) rose just 0.2% month-over-month in February, following January’s more substantial 0.5% increase. Core US inflation, excluding several key volatile food and energy prices, came in at 3.1% yearly, below what analysts had expected at 3.2%. Fed Chair Jerome Powell stated: ...