The increase in the US consumer price index in February was lower than expected, but Chris Zaccarelli, chief investment officer of US Northlight Asset Management, believes that in the context of aggressive tariffs on imported goods, this improvement may be temporary, and the cost of most products is expected to rise in the next few months. Zaccarelli said: “Markets hit by tariffs will breathe a sigh of relief this morning because higher inflation is the only thing that could worsen the situation. With inflation data lower than expected, at least the Federal Reserve still has the flexibility to step in to support the weak economy, which is good news for the market, as the market has experienced turbulence over the past month and a half.” Zaccarelli said that although the CPI increase was moderate in February, the cost of most US goods will rise in the next few months due to the tariff war.

The increase in the US consumer price index in February was lower than expected, but Chris Zaccarelli, chief investment officer of US Northlight Asset Management, believes that in the context of aggressive tariffs on imported goods, this improvement may be temporary, and the cost of most products is expected to rise in the next few months. Zaccarelli said: “Markets hit by tariffs will breathe a sigh of relief this morning because higher inflation is the only thing that could worsen the situation. With inflation data lower than expected, at least the Federal Reserve still has the flexibility to step in to support the weak economy, which is good news for the market, as the market has experienced turbulence over the past month and a half.” Zaccarelli said that although the CPI increase was moderate in February, the cost of most US goods will rise in the next few months due to the tariff war.