US Inflation Surprises with Higher Than Expected February Rate

Inflation is picking up again in the USA, moreover more than expected.

» Published: March 28 2025

US Inflation Surprises with Higher Than Expected February Rate
Photo: David Zalubowski/AP/TT

Today's inflation figure surprised negatively. The core inflation measured according to PCE, the measure that the central bank Federal Reserve primarily relies on, amounted to 2.8 percent in February, just above market expectations of 2.7 percent.

The news made the futures market on the New York Stock Exchange fall further, while the US dollar strengthened slightly.

The inflation figures come at a time when there is great focus on President Donald Trump's tariffs, which are seen by many economists as something that can drive inflation and ultimately affect American households negatively.

A sign that American consumers have now become more cautious or do not have the same economic opportunities as before is also that private consumption increased less than expected in March, with 0.4 percent compared to expected 0.5 percent.

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By TTTranslated and adapted by Sweden Herald
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