The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and gasoline costs. This acceleration in the inflation rate has unsettled the financial markets, with many […]
Source: https://news.bitcoin.com/rate-cuts-could-be-out-the-window-after-march-cpi-data-reveals-stubborn-inflation-tradestation-exec-says/