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Inflation slowed more than expected in February and even CNN is hailing the good news

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The nation seems to be awakening from a bad dream with President Trump back in office and even CNN cannot deny the latest great economic news.

“Inflation slowed more than expected in February and cooled for the first time in five months,” the outlet noted, though quickly cautioning that “progress may be short lived” due to looming trade tariffs.

But there was no denying the latest numbers as the Consumer Price Index was 2.8% in February, “a cooldown from the 3% annual rate notched in January, according to data from the Bureau of Labor Statistics released Wednesday,” CNN noted, a “better than expected” outcome.

“February’s inflation numbers came in better than expected thanks in part to two big — and very welcome — reasons: Grocery prices were flat for the month and gas prices fell,” CNN reported.

The report had an effect on Wall Street where US stocks rallied after three weeks of declining.

“February’s core CPI came in better than expected as well, rising 0.2% for the month (from 0.4% in January) and slowing to 3.1% annually from 3.2%,” CNN pointed out, adding that Core CPI “is at its lowest annual rate in nearly four years.”

This news comes on the heels of news that egg prices have finally begun to drop across the nation.

While CNN and Trump’s critics may not want to admit it, the economic news is great for the country.