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US March CPI Fuels Inflation Spike, Bond Traders Still Eye Fed Rate Cuts
March CPI data revealed a 3.3% inflation rate, with soaring gasoline prices contributing significantly to the biggest monthly spike in four years. Despite this quickening of US inflation, bond traders are maintaining their predictions for a Federal Reserve rate cut later this year.
10 Apr, 13:35 — 10 Apr, 15:27
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High (50/100)5 sources33/33
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APVery High7h ago
Soaring gas prices lead to biggest monthly inflation spike in four years - AP News
Soaring gas prices lead to biggest monthly inflation spike in four years AP News
Read full article →ReutersVery High8h ago
US consumer prices surge in March in line with expectations - Reuters
US consumer prices surge in March in line with expectations Reuters
Read full article →bloombergHigh8h ago
Bond Traders Cling to Bets on a Fed Rate Cut This Year After CPI - Bloomberg
Bond Traders Cling to Bets on a Fed Rate Cut This Year After CPI Bloomberg
Read full article →YahooMostly Factual6h ago
March CPI Came In at 3.3%. Gasoline Alone Added Over Half a Percentage Point. Here Is What That Tells Investors About What Could Come Next
Read full article →advisor-perspectivesMostly Factual7h ago
Bond Traders Cling to Bets on a Fed Rate Cut This Year After CPI
Bond traders held onto wagers that the Federal Reserve will lower interest rates once this year after data confirmed that US inflation quickened in March as the Iran war led to higher gasoline prices.
By Michael MacKenzie
Read full article →Coverage Timeline
First report: Reuters · 10 Apr, 13:35|Full coverage: 5 · 2h|Window: 2h
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