⚠️BREAKING: *U.S. CPI EASED TO 5.0% IN MARCH TO ITS LOWEST LEVEL IN NEARLY TWO YEARS 🇺🇸🇺🇸
Investing.com -- U.S. headline inflation slowed by more than expected in March, but the gauge of core prices closely watched by the Federal Reserve accelerated slightly following a rise in shelter costs.for the month dipped to 5.0% from 6.0% in February on an annual basis. Economists had projected that the reading would fall to 5.2%.
It was the smallest 12-month increase since the period ending in May 2021, yet still higher than the Fed's 2% target., below estimates for growth of 0.2%, with the BLS noting that an uptick in housing rents more than offset a decline in energy prices in March.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China’s CPI softens to 0.7% YoY in March vs. 1.0% expectedChina’s Consumer Price Index (CPI) came in at 0.7% than a year earlier in March, rising slower than the 1.0% annual gain seen in February, the latest
Read more »
India CPI Preview: Forecasts from three major banks, inflation likely eased below 6% in MarchIndia will release March Consumer Price Index (CPI) data on Wednesday, April 12 at 12:00 GMT and as we get closer to the release time, here are foreca
Read more »
Stock market news today: Investors prepare for March CPI reportUS stocks trade mixed as investors await big inflation report
Read more »
U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%Softer-than-expected inflation figures for March have sent bitcoin higher by more than 1% early Wednesday morning. SteveAlpher reports
Read more »
Bitcoin Eyes $29,000 Milestone as US CPI Data LoomsAnalyst has revealed what might push Bitcoin price above $29,000 mark
Read more »