In the US, inflation in February was announced below expectations at 2.8 percent.

The anticipated inflation data for the US has been released. In February, inflation in the US came in below expectations at 2.8 percent.

Expectations were for inflation to be announced around 3 percent.

In February, monthly inflation rose by 0.2 percent. Market expectations were for a 0.3 percent increase in monthly inflation.

The country had seen January inflation come in above estimates at 3 percent.