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In February, US inflation has dropped by 2.5 percent than expected, facing a possible way to reduce interest rates before the Federal Reserve.
According to a Reuters survey, the image of Wednesday’s annual consumer price index was 3 percent of January and below 2.5 percent expected by economists.
The original inflation has increased by 5.7 percent, which is less expected to increase by 8.2 percent.
On Wednesday, stock futures increased profits because investors bet that the rate of Fed will decrease rapidly. S&P Futures have increased by 1.4 percent compared to 0.8 percent before statistics.
A measure of the power of the dollar has increased by 0.3 percent against the other six coin baskets.
US Central Bank attempted to prevent it because of a difficult balanced law Inflation Without the recession, President Donald Trump’s aggressive economic agenda is obstructing growth in the overwhelming fears.
Business and financial markets have been spread by chaos rollouts Trump’s tariff On the largest trading partners in the United States, which is suddenly growing and characterized by a series of U-turns.
Last week, FED’s chair Jay Powell expressed concern over the health of the US economy after the S&P 500 index was released after the release of the disappointing employment statistics of February.
Powell suggested that he hoped that the central bank would retain interest rate in their current meeting, which would hold their interest rate on their current range next week, saying that the fed did not “hurry” and “the vision was developed to distinguish the signal from the sound”.
This is a developing story
