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Consumer prices rose 2.8% from a year earlier, data revealed. It’s a deceleration from January, but doesn’t appear to be enough to warrant an immediate interest rate cut.

New consumer price index data indicated that inflation rose by 2.8% in February, lower than economists’ expected 2.9% increase.

Argentina's monthly inflation rate likely rose in February, slightly higher than the figure recorded in January, a Reuters poll of analysts showed ahead of data due on Friday. The consumer price index (CPI) is expected to have risen 2.4% in February, according to the median estimate from 24 analysts surveyed by Reuters. Argentina, a major grains exporter and emerging energy producer, has been grappling with triple-digit inflation in recent years, earning the dubious distinction of having the world's highest annual inflation rate.

Concern about the inflationary impact from tariffs has eroded confidence among both businesses and consumers, according to recent surveys.

Inflation eased last month, but the data may offer less comfort to businesses, consumers and the Fed than it otherwise would as looming tariffs may keep prices rising.

By embedding finance tools into creator platforms, Airwallex aims to help creators get paid more easily, said Ravi Adusumilli, the company's Americas president.