Glacial Inflation Slowdown Set to Back Fed RateCut Caution Yahoo Finance

Image for article Glacial Inflation Slowdown Set to Back Fed RateCut Caution Yahoo Finance
News Source : Yahoo Entertainment

News Summary

  • US consumer-price data in the coming week is projected to show a glacial slowdown in underlying inflation
  • The March core consumer price index is seen rising 0
  • 3% from a month earlier after a 0
  • 4% advance in February
  • The closely watched inflation figures follow the latest monthly jobs report, which exceeded expectations
(Bloomberg) US consumerprice data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial slowdown in underlying inflation that explains the [+8137 chars]

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