With information from AFP and Reuters.
Inflation in the United States rose again in March and recorded an advance of three tenths from the previous 3.2% in February to 3.5% in March, according to data from the US Bureau of Labor Statistics.
In the monthly comparison, inflation was at the same level as in February, 0.4%, although analysts expected a slight moderation to 0.3%.
For its part, core inflation – without food or energy – remained unchanged in 12 months at 3.8%, when the market expected it to continue moderating. The same occurs with the monthly measurement, which stood at 0.4%.
The markets have not been slow to react. Wall Street’s main indices, which are the Dow Jones, the Nasdaq and the S&P 500, began with a sharp decline in their prices.
Meanwhile, various analysts consulted by Reuters estimate that the FED will no longer cut rates, as planned, at its next meeting, and would rather wait until September.
It should be noted that the North American central bank still maintains its reference rates at their highest levels in more than 20 years, in a narrow range of 5.25% to 5.50%.
Source: Larepublica
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