On the SPOT™ blog (04/10/2024) [S..]
- Salyl Bhagwat
- Apr 10, 2024
- 2 min read
March CPI data released this morning showed that the number rose more than estimated. Core CPI also rose more than estimated. This data point is perhaps dampening hopes of investors betting on Feds to cut rates sooner (remains to be seen) considering the obstinate inflation. All the major US indices are in the red this morning (PST).