US inflation up again in March in latest sign that price pressures remain elevated
- Consumer prices rose 0.4% from February to March, with overall prices up 3.5% from a year ago.
- Prices surged due to vehicle costs, with auto insurance spiking 2.6% in March and 22% from a year earlier.
- The inflation surge poses concern as prices remain elevated, likely impacting Federal Reserve decisions on interest rates.
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Leaning Left20Leaning Right4Center22Last Updated22 days agoBias Distribution48% Center