The US shopper worth index for March was launched and rose 5.0% in comparison with the identical month final yr.
The price of enhance has fallen under the earlier month for 9 consecutive months, and has reached the 5% stage for the primary time in a yr and a half since September 2021.
The Federal Reserve Board, the central financial institution, will maintain a gathering to determine financial coverage in May, however the focus might be on whether or not to proceed elevating rates of interest based mostly on traits in costs and employment.