Inflation rose at an unexpected low level of 2.8% in February and the price of eggs, the symbolic measure of post-election price increases, dropped sharply in March.

As inflation continued at 2.8 percent in February, tariffs have fueled worries of another recession, which President Donald Trump has declined to rule out.

U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January

U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war.

February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for the month, seasonally adjusted.