Consumer price index fell to 5% in March, the lowest rate since May of 2021. The main factor driving the cooldown was a moderate price decrease on gasoline. But there's more bad news when you look at the other important tracker notes - the core index which excludes products with more volatile pricing like gas and groceries.
Inflation eased in March to the lowest it’s been in almost two years despite prices remaining stubbornly high, The EPA announces new emissions regulations that would drastically shift the American auto industry, and a new drug is being called the King Kong of weight loss medications. Get the facts first with Morning Wire.
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