In March 12th news, the rise in consumer prices in the United States slowed down in February. The CPI increase in February was lower than expected, but this improvement may be temporary because the United States imposed high tariffs on imported goods, which is expected to push up the cost of most goods in the coming months. Data released on Wednesday showed that the US CPI rose by 0.2% last month, following a 0.5% increase in January. And in the 12 months ending in February, the CPI rose by 2.8% after a 3.0% rise in January. "The longer the inflation is higher than the Fed's target, the greater the likelihood of an upward shift in expectations, even if it is due to temporary factors such as tariffs," said Stephen Juneau, US analyst at Bank of America Securities. "If this happens, it will be much more difficult for the Fed to restore price stability."( Golden Finance News App )