Fed Rate Cuts in Question As Gasoline-Driven Inflation for March Soars ...Middle East

OILPRICE - Economy
Fed Rate Cuts in Question As Gasoline-Driven Inflation for March Soars
U.S. inflation for March has surged more than anticipated thanks to soaring gas prices and top-dollar mortgage rates, creating concern that the Federal Reserve may scrap its plans for a rate cut in June.  U.S. consumer prices increased 3.5% for the 12 months ended in March, according to the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released on Wednesday. The 3.5% increase for March compares to a 3.2% increase for the previous month. The primary driver of higher inflation for March was gasoline prices.   The Federal…

Hence then, the article about fed rate cuts in question as gasoline driven inflation for march soars was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed Rate Cuts in Question As Gasoline-Driven Inflation for March Soars )

Apple Storegoogle play

Last updated :

Also on site :



Latest News