Inflation Slows Slightly in February but Tariffs Threaten Further Progress

Economists warn that President Trump's escalating trade war may keep inflation elevated and increase recession risks.

The Consumer Price Index (CPI) is expected to show a year-over-year increase of 2.9% in February, down slightly from January's 3% rise.
President Trump's new tariffs on steel and aluminum imports, along with threats of additional duties, are raising concerns about prolonged inflationary pressures.
Economists predict limited progress toward the Federal Reserve's 2% inflation target due to the economic uncertainty created by the trade war.
The stock market has declined, and consumer confidence has dropped, with recession fears growing as businesses and households adjust to higher costs.
Federal Reserve officials are expected to hold interest rates steady next week, balancing inflation risks and potential economic slowdown.