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Old 04-10-24, 06:25 PM   #7650
Rockstar
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Join Date: Nov 2002
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The consumer price index, a key inflation gauge, rose 3.5% in March, higher than expectations and marking an acceleration for inflation.

Shelter and energy costs drove the increase. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.

Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations.


LIFE IS GOOD, Thanks Joe for letting the Houthis close down shipping lanes and shoot rockets at our warships and commercial shipping and taking a dump on the Saudis who could be increasing oil production to help out. Love the new cost of living and rising gas prices!
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