Trump Praises Positive Inflation Data As U.S. CPI Hits New Lows

According to Odaily, U.S. President Donald Trump has expressed optimism regarding the latest inflation figures, describing them as very positive news. Recent data shows that the U.S. Consumer Price Index (CPI) for February recorded an unadjusted annual rate of 2.8%, marking the lowest level since November of the previous year. Additionally, the seasonally adjusted monthly CPI for February was 0.2%, the lowest since October of the prior year. Furthermore, the unadjusted core CPI annual rate for February stood at 3.1%, the lowest since April 2021. The seasonally adjusted core CPI monthly rate was also 0.2%, reaching its lowest point since December of the previous year. These figures indicate a significant easing in inflation pressures, which has been a focal point for economic policy and analysis.