Consumer inflation probably got a boost from rising gasoline prices in March, but it should not break out above the subdued pace that encouraged the Federal Reserve to keep interest rates on hold when it met last month.
"We've had some weak inflation numbers that actually lead to the Fed backing off from hiking rates," said Ethan Harris, head of global economic research at Bank of America Merrill Lynch. He expects headline CPI to rise by 0.4% and core to be 0.2% higher. Stanley said he expects to see CPI at 0.4% or even 0.5% from the rise in gasoline at the pump, but he said the number is at downside risk because the government is using a new data series to calculate apparel prices in CPI.
Artificial scarcity lifts for the tippy top tadpoles and not the 🐸 💋
You infer that the rising prices are a good thing 😩
donald_faison is that you?! When GettyImages goes too far haha
I thought realDonaldTrump called Saudi Arabia and told them to lower oil prices? What, they didn’t listen ?
Maybe I missed it, what is the REASON EXCUSE of WHY gas prices are sky rocketing this time? gasprices gasoline gas priceofgas
Or from printing money from nothing with “quantitative easing” 🤷🏿♀️
DUH!