American inflation dropped more than expected at 2.8% in February

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American inflation has dropped more than expected at 2.8% in February, strengthening the case so that the Federal Reserve reduces interest rates in the midst of signs of slowing growth in the greatest economy in the world.

The annual figure in annual consumer prices on Wednesday was less than January 3% and the 2.9% expected by economists, according to a Reuters survey.

American actions opened higher, but the gains collapsed later in the negotiation session, leaving the S&P 500 of the blue chip slightly lower during the day.

The term markets are prices in two rate decreases this year, with around 85% of a third chances up slightly before the release of data.

The American central bank faces a difficult balancing act while it tries to lower inflation without triggering a recession, in the midst of intensifying fears that President Donald prevails over the aggressive economic agenda hinders growth.

Companies and the financial markets were shaken by the chaotic deployment of presidents' prices on the largest business partners of the USS, which was marked by a series of sudden climbing and turnover.

Wednesday figures showed that central inflation increased by 3.1%, going down expectations of an increase of 3.2%.

The underlying inflation slows down before arriving at these risks upwards, which will come later in the spring, so it is positive for the Fed, said Veronica Clark, economist in Citigroup. This will make them less worried about planning cuts later in the year.

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Last week, the president of the FED, Jay Powell, expressed his concerns concerning the health of the American economy after the Post-Electoral S&P 500 indexes were destroyed after the publication of disappointing figures for February.

Powell suggested that he expected the central bank to hold the rates at their current range between 4.25% and 4.5% at his meeting next week, saying that the Fed was not in a hurry to cut and focused on the separation of the noise signal as the prospects evolve.

On Wednesday, the Bank of Canada reduced interest rates by a quarter to 2.75%, citing the planned slowdown in increased trade tensions and prices imposed by the United States.

Although he said that the Canadian economy had started the year in good shape, the BOC also noted the slowdown in economic activity in the United States and warned that its own perspectives were more difficult to understand due to uncertainty more than usual because of the rapidly evolving political landscape.

Some economists and investors fear that the prices would prevail over American inflation, with the price of several metals, including aluminum, increasing after the administration has imposed high prices on Wednesday imports.

The move of the White House to impose 25% samples on all imports of steel and aluminum has triggered rapid EU reprisals, which targets up to 26 billion American products with prices.

Tom Porcelli, US chief economist at PGIM FIXED RENCE, said the decrease in February was welcome, but that investors' alleviation could prove in the short term given the possible impact of prices.

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In February, the sectors recorded the most important price increases included medical care and used cars, while aerial declines and new cars were among those where costs have decreased.

Egg prices, an important contributor to strong January reading, were again higher in February, increasing by an additional 10% over the month for an annual increase of 59%.

This is good news, of course, but I think we don't want to overestimate this, said Ryan Sweet, chief economist in the United States at Oxford Economics. Only the prices on China had entered into force in February and it can be a little too early to be captured in this series of data.

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