Consumer Prices Saw Slower Rise in March

04/14/2023

The latest federal data show U.S. consumer prices rose 0.1% in March, a slowdown from the 0.4% increase in February, but still registering 5% year over year. Producer prices prices sank 0.5% in March, the biggest drop since 2020. In this analysis, OMA Connections Partner RSM writes that the new data support the case for a near-term pause in interest rate hikes. 4/13/2023

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