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Last month (March 2024), the consumer price index increased by 3.5% (year-over-year, not seasonally adjusted), compared to the median estimate of 3.4%. Over the past 12 months, the increase in the CPI has surpassed the median estimate in 6 months, matched the median estimate in 1 month, and fallen short of the median estimate in 5 months. Over the past 5 ...
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Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on pause with interest rates. The consumer price index, a broad measure of the cost of goods and services in the marketplace, is expected to show another increase for the month, though the annual inflation ...
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