Page 48 - Jeffrey Roach News Today

It was the biggest decrease in producer prices in three years and follows other reports showing easing inflation on broader consumer prices.

Inflation’s grip on businesses loosened greatly in March, raising hopes that companies and consumers will suffer less from high prices as 2023 rolls on.

Inflation’s grip on businesses loosened greatly in March.

Plunging energy prices pulled the producer price index down 0.5%.

The March CPI was surprisingly good. Wall Street is abuzz over the Fed's upcoming rate hike decision in the face of promising deflation.

Inflation fell thanks to a drop in gas prices but remained stubbornly high in March, squeezing Americans who paid more for basic necessities like rent.

A mixed CPI report means investors can expect another rate hike from the Federal Reserve.

The consumer price index, a widely followed inflation measure, rose 0.1% for the month and 5% from a year ago, both less than expected.

(CTN News) - Despite Federal Reserve interest rate increases, March inflation cooled, according to the Labor Department. The consumer........

Recent economic data suggest that the Federal Reserve's interest rate hikes are in fact slowing down the U.S. economy as intended.