The stock markets on Wall Street have recovered following the release of February's inflation data in the U.S., which showed a slower increase than anticipated.
Edward Boyd from Sky News Business reported that by February, the impact of tariffs will no longer be reflected in the inflation numbers.
"We're expecting a significant rise in inflation in America starting next month, specifically in March," he stated.
Wall Street Rebounds as U.S. Inflation Slows More Than Expected in February
The stock markets on Wall Street have recovered following the release of February's inflation data in the U.S., which showed a slower increase than… Read MoreBitcoin Surges as Stocks Plunge $3.5T in Trump's Tariff War and Fed’s
Inflation Warning
On April 4, as stock markets declined for the consecutive day, U.S. Federal Reserve Chairman Jerome Powell
said
The Trump administration’s “re… Read More
