Mike Pence testifies, Jerry Springer dies, Fed rate hikes
CNN This Morning
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The Fed's Preferred Measure of Inflation Is Working
Consumer inflation grew only 0.1% from February to March, according to the Commerce Department. That's a more normal rate of inflation than some of the terrible numbers we had been seeing. When you look year over year, it's still too hot up 4.2%. But that's down pretty dramatically. We're also going to hear from the FDIC later today about what happened at Silicon Valley Bank.
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