US CPI comes in lower than expected, but April rate cut still unlikely

US CPI comes in lower than expected, but April rate cut still unlikely

0.35%TRX$0.3181 0.28%LINK$9.10 1.13%ADA$0.2548 0.44%BCH$444.50 0.03%XRP$1.35 0.07%ETH$2,248 1.47%BTC$73,104 1.14%XMR$343.17 0.28%BNB$607.66 0.00%XLM$0.1539 1.09%SOL$84.89 0.33%HYPE$42.20 5.15%USD Written by Vince Quill,Staff WriterReviewed by Robert Lakin,Staff EditorUS CPI comes in lower than expected, but April rate cut still unlikely1 hour agoAlthough US inflation was weaker than expected in March, the ongoing war between the United States, Iran and Israel has fueled macroeconomic uncertainty. The United States Bureau of Labor Statistics (BLS) published the Consumer Price Index (CPI) data for March, showing a 0.9% month-over-month rise in headline CPI inflation. CPI inflation is up 3.3% year-over-year, according to the BLS report published Friday. Although inflation came in slightly lower than analyst expectations, inflation remains elevated above the Federal Reserve’s 2% target. A su

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