US Inflation Hotter-Than-Expected for 4th Straight Month
By Andrew Moran The U.S. annual inflation rate came in hotter than expected for the fourth consecutive month in March, suggesting that the last mile in the inflation fight could be a slow and bumpy road for the Federal Reserve. According to the Bureau of Labor Statistics (BLS), the consumer price index (CPI) rose to 3.5 percent last month, up from 3.2 percent in February.
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