Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts

Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic. [Source]

Origin: nytimes.com

Category: Prices (Fares, Fees and Rates)

Topics: percent, pandemic, normal, roughly, quicker, still, notably, earlier, month, climbed, prices, Consumer, Caution, Fed’s, Backing, Month, Ticked, Inflation

Source: https://www.nytimes.com/2024/03/12/business/inflation-fed-interest-rates.html