The long-awaited CPI figures were pretty much a flop yesterday, with a tiny rebound for 3 minutes, before indices lost their mojo and ended the session lower. Investors were not impressed because although data showed US inflation was slightly lower than expected in March, at 5% year-on-year - while 5.1% was expected by economists - core inflation was slightly higher than in February. This is in line with what was expected in this case, but it also shows that prices are still on the rise.
Distributed by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.