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-0.000241370987207347 -0.000885026953093567 0.00104594094456509 0.00064365596588622 -0.00305736583795957 0.00104594094456509 0.00337919382090274 0.00329873682516692
Stock impact report

Inflation cooled in February, but economists say Trump's tariffs haven't had time to take effect [Fortune]

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: Fortune
That hasn't stopped the Trump administration from taking a victory lap, though. For all the talk of tariffs and trade wars, inflation cooled in February by more than anticipated. Consumer prices rose 2.8% from a year earlier, government data released Wednesday revealed . But economists warn it could be too early for President Donald Trump's tariffs to affect prices and for the Federal Reserve to cut interest rates. “Today's cooler-than-expected [Consumer Price Index] reading was a breath of fresh air, but no one should expect the Fed to start cutting rates immediately,” Ellen Zentner, Morgan Stanley Wealth Management's chief economic strategist, said in a statement to Fortune . “The Fed has adopted a wait-and-see posture, and given the uncertainty of how trade and immigration policy will impact the economy, they're going to want to see more than one month of friendly inflation data.” Sam Williamson, a senior economist for First American Financial Corporation, appeared to agree t Show less Read more
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