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The US consumer prices rose at a slower pace in February
March 12th news from Golden Ten Data, the US CPI in February was lower than expected, but this improvement may be temporary as the US imposes high tariffs on imported goods, which is expected to raise 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% pump in January. And in the 12 months ending in February, CPI rose by 2.8% after a 3.0% pump in January. 'The longer the inflation exceeds the Fed's target, the greater the possibility of an upward shift in expectations, even if it is due to temporary factors such as tariffs,' said Stephen Juneau, a US analyst at Bank of America Securities. 'If this happens, it will be much more difficult for the Fed to restore price stability.'