1 1 correctly predicted forecast
Send me real-time posts from this site at my email
Sasha Singh

Dollar Steady After CPI Data

Today Bureau of Labor Statistics released CPI data according to which the index in March rose by .2% and core CPI also rose by .2% slightly higher than the economist’s expectation for an increase of .1% in both indexes.The increase in the index mainly resulted from the rising shelter costs and food indexes.

Over the year Core CPI and CPI posted an increase of 1.7% and 1.5% respectively which is still below the 2% inflation target area. 

US dollar was steady after the release of the data and didn't react much against other currencies.

Cancel