The Consumer Price Index rose 3.5 percent from one year ago. That’s up considerably from February’s 3.2 percent. It is also the highest rate of inflation since November. There’s speculation this news will force the Federal Reserve to hold off on any interest rate cuts. The U.S. dollar rallied, reaching its highest level since last November.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.