Inflation Cools For First Time in Three Months
Department of Labor's April Consumer Price Index increased in line with expectations
Department of Labor's April Consumer Price Index increased in line with expectations
The runway to rate cuts continues to lengthen with month-over-month inflation growth in March.
Core CPI rises by 0.3%, signaling ongoing inflationary pressures with energy and shelter costs driving the uptick.
Interest rate hikes and cooling rental markets lead to most severe contraction since global financial crisis.