BREAKING NEWS: Inflation Jumps 0.9% in March as Energy Costs Surge

U.S. headline inflation accelerated sharply in March, driven by a surge in energy prices, further complicating the Federal Reserve’s policy path.  Data from the Bureau of Labor Statistics showed consumer prices rose 0.9% month over month, up from 0.3% in February, with energy costs jumping nearly 11% during the period. On a year-over-year basis, headline inflation increased 3.3%.  Core inflation, which ...

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