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flag US inflation drops to 2.8%, lowest since November 2024, possibly leading to interest rate cuts.

flag US inflation slowed to 2.8% in February, the lowest rate since November 2024, suggesting potential interest rate cuts by the Federal Reserve. flag The Consumer Price Index (CPI) increased by 0.2% month-on-month, lower than expected. flag Meanwhile, India's CPI inflation rate also improved to 3.61% in February, its lowest since July 2024, with industrial production growing 5% year-on-year.

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