![The US PCE Price Index showed that inflation cooled to 5 per cent in February from 5.3 per cent in the previous month. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JJPXIPH44J4UMFCTHLGWHZQ7GI.jpg?smart=true&auth=f9d06c23c169cfe66f8844155d847dabdfc9d16f3c24181812938a32ebd521f5&width=400&height=225)
The US PCE Price Index showed that inflation cooled to 5 per cent in February from 5.3 per cent in the previous month. Reuters
The US PCE Price Index showed that inflation cooled to 5 per cent in February from 5.3 per cent in the previous month. Reuters
Global stock markets gain as inflation slows in the US and eurozone
But Fed governor Lisa Cook says inflation outlook in the world's biggest economy has got worse