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Published 22 days ago

US inflation up again in March in latest sign that price pressures remain elevated

  • Consumer prices rose 0.4% from February to March, with overall prices up 3.5% from a year ago.
  • Prices surged due to vehicle costs, with auto insurance spiking 2.6% in March and 22% from a year earlier.
  • The inflation surge poses concern as prices remain elevated, likely impacting Federal Reserve decisions on interest rates.
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ReutersReuters

US consumer prices rise more than expected in March

U.S. consumer prices increased more than expected in March amid rises in the costs of gasoline and shelter, casting further doubt on whether the Federal Reserve will start cutting interest rates in June.

22 days ago·United Kingdom
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Associated Press NewsAssociated Press News

Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts

Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other item. That's according to a government report that will likely give pause to the Federal

22 days ago·United States
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abc Newsabc News

US inflation up again in March in latest sign that price pressures remain elevated

US inflation up again in March in latest sign that price pressures remain elevated

22 days ago·United States
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CNNCNN

Cost of gas and housing push up US inflation in March

Rising gas prices and stubbornly high shelter costs have stalled some of the progress made on slowing inflation.

22 days ago·Atlanta, United States
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The Washington PostThe Washington Post

Inflation rose over the last year, muddying path for Fed rate cuts

Policymakers are trying to answer whether their inflation fight is slowing, or if the start of 2024 simply brought predictable bumps in the road.

22 days ago
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KRDOKRDO

Cost of gas and housing push up US inflation in March

A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team

22 days ago·Colorado Springs, United States
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