
CONSUMER PRICE INDEX FOR MARCH:
- Core CPI +2.6% vs 2.7% expected- Headline CPI +3.3% vs +3.4% expected- Highest level since May 2024- Energy index up 10.9% on the month, largest since 2005- Gas Price increase was the highest since 1967Markets aren't reacting that much since the ceasefire was announced and the expectation is that oil will come down so inflation will come down...but we need the negotiations to result in a deal.Negotiations between the US and Iran start today.Source: amit
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