What Strong & Persistent Inflation May Mean for the US Economy in 2024

The U.S. Bureau of Labor Statistics disclosed the Consumer Price Index (CPI) figures for March on April 10, 2024, revealing a higher-than-anticipated increase. The all items rate was 3.5% higher than the previous year, while the core CPI, discounting the volatile food and energy costs, was recorded at 3.8%. Surprisingly, the month-on-month change exceeded expectations, […]

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