Consumer prices increased 8.5% in the year through March, the fastest inflation rate in 41 years, slightly higher than the 8.4% estimate. However, investors focused on the core CPI data, which missed the forecast of 6.5%.
Consumer prices increased 8.5% in the year through March, the fastest inflation rate in 41 years, slightly higher than the 8.4% estimate. However, investors focused on the core CPI data, which missed the forecast of 6.5%.