In a surprising turn of events, recent reports indicate that US inflation eased to 2.8% in February, a figure lower than anticipated. This cooling of inflation is viewed positively by investors, leading to a surge in stock prices across major indices, including the S&P 500 and Nasdaq. Despite the favorable inflation data, worries remain about potential tariffs and trade wars, which could reignite inflationary pressures. The report calmed investor nerves, prompting a significant rebound in technology shares, with companies like Tesla and Nvidia leading the market rally. Analysts suggest that while the current easing of inflation offers some relief, the looming tariff risks could complicate the economic landscape ahead.