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Washington (Reuters) – US consumption prices have increased less than expected in February, but the probability of development is temporarily temporarily temporarily expected to lift most of the items in most months.
In January, consumer price prices increased by 0.2%, after accelerating 0.5% in January, the Labor Department’s Office of Labor Statistics said on Wednesday.
Since February-February, CPI increased by 2.8% after increasing by 3.0% in January. Economists, who were surveyed by Reuters, have gained 0.3% of the CPI and forecasts by 2.9% compared to the annual.
The first full inflation report of the President Donald Trump management has still continued prices for economists that are not in accordance with the target of 2% of the federal reserves. Trump, in the beginning of this month, increasing the tariffs from China to 20% of this month, increasing a new 25% duty in Canada and Mexico imports in Canada and Mexico imports and increased a new 25% fee for any goods in accordance with trade rules and increased a new 25% fee.
Developed steel and aluminum tariffs came into force this week, and he drew a quick revenge from Europe.
Consumers are likely to appear in February, and if it may seem in February, if it may seem in February and in the coming months.
In February, consumers were inflated expectations.
“Even if the tariffs are the target of temporary forces, the target of inflation, the target of the fed,” Stephen Juneau “Stephen Juneau, Bank of America is valuable.” This happens, it would be so difficult to restore price stability. “
CPI rose 0.2% in February after gaining 0.4% in January, except for variable food and energy components. In
After 3.1% in January, after 3.1% increased, February 1, the CPI increased by 3.1%.
After the casphad of tariffs, economists have improved inflation forecasts.
Goldman Sachs estimates the main personal consumer costs, one of the measures tracked by the Fed for monetary policy, to December to 3% to 3% in January. During the year, it forecasted inflation with 2% of the annual basic pite inflation during the year.
The Central Bank of the United States is expected to have the interest rate in the course of 4.25% -4.50% next Wednesday. Financial markets are waiting to restore cutting rates in June, due to deteriorating an economic worldview in January.
