2024-04-10 11:30:54 ET
Summary
- March CPI rose by +0.38%, higher than expected, indicating potential inflationary pressures.
- Core CPI also exceeded expectations at 0.36%.
- Super-core inflation, the metric the Fed looks at most closely, is accelerating at an alarming pace.
The Consumer Price Index (CPI) Report was published on April 10, 2024, at 8:30 AM. The report contains information about changes in the prices (inflation/deflation) of a wide array of goods and services purchased by consumers in the U.S. during the month of March 2024.
In this article, we will walk readers through the most important employment statistics derived from both surveys. However, we will be providing a deep breakdown of the CPI Report. We will also discuss the likely implication of the report for bond and equity markets....
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For further details see:
CPI March 2024: The Inflation Picture For Markets Just Changed