Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.

February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.

US consumer prices rose at the slowest pace in four months in February, offering some reprieve ahead of tariffs that are expected to drive costs higher. The consumer price index increased 0.2% after a sharp 0.

Monthly growth and core inflation data also came in lower than expected, but this will not affect the Federal Reserve’s March decision US consumer price inflation data for February came in slightly below expectations across the board.

Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.