The U.S. economy shows signs of improvement under the Trump administration with the February CPI report revealing a dip in core consumer prices, reaching their lowest in nearly four years at 3.1%. The overall inflation rate hit 2.8%, falling short of economist predictions. Key highlights include:
- Federal Reserve target of 2.0% for inflation.
- Reduced inflationary pressures could lead to potential rate cuts by the Fed.
- 10.4% rise in egg prices addressed by the Trump administration with a $1 billion strategy against avian flu.
- White House criticizes previous administration’s handling of agricultural issues.
Tags #Business, #Government, #WhiteHouse
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