
With March CPI in the US beating expectations, we take a look at the market's reaction
U.S. CPI rises 3.5% y/y in March, beating expectations
The U.S. Department of Labor reported that the Consumer Price Index (CPI) rose 3.5% year-over-year in March, up from 3.2% in February. This was above market expectations of 3.4%. The underlying consumer price index