The annual consumer price index (CPI) came in at 3.5 percent in March, up 0.3 percentage points from February, the Labor Department said
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US consumer inflation continued to accelerate last month, according to US government published Wednesday, reducing the chances of an early interest rate cut from the Federal Reserve.
The annual consumer price index (CPI) came in at 3.5 percent in March, up 0.3 percentage points from February, the Labor Department said. A widely-watched inflation measure excluding volatile food and energy prices rose at an annual rate of 3.8 percent.
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