March Cpi Report 2024. On wednesday, the bureau of labor statistics will report inflation readings for march. In fact, the fed continues to signal 3 interest.
Economists had expected 0.3% and 3.4%. Consumer prices rose 3.5% for the 12 months ended in march, surpassing economists’ expectations.
Inflation In The Us, As Measured By The Change In The Consumer Price Index (Cpi), Rose To 3.5%.
With progress stalled toward reducing inflation, the march report could further.
The Cpi Report For March 2024 Will Be Released By The Bureau Of Labor Statistics On April 10 At 8:30 A.m.
March cpi report is the first test of the fed’s inflation bump thesis, and with it, the window for the first cut is closing.
The Moves Followed A Consumer Inflation Report That Came In Hotter Than Expected, With Prices Rising 3.5 Percent In March From A Year Earlier, Marking Another.
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With Progress Stalled Toward Reducing Inflation, The March Report Could Further.
Core cpi, which removes the volatile food.
The Consensus Forecast Is 3.5%, Up From 3.2% In February.
March cpi report is the first test of the fed’s inflation bump thesis, and with it, the window for the first cut is closing.
Both The Headline And Core Cpi, Which Strips Out Food And Energy, Climbed By 0.1 Percentage Point More Than Forecast.