US core CPI tops forecasts again, likely delaying Fed rate cuts
Core CPI climbed 0.4% from the prior month and 3.5% from a year ago
A measure of underlying US inflation topped forecasts for a third straight month, heralding a fresh wave of price pressures that will likely delay any Federal Reserve interest-rate cuts until later in the year. The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from February, according to government data out […]
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