EconomyUS consumer prices rise 3.4% as slower growth may ease early rate-hike expectations
The United States released its consumer price index on the 12th. Prices rose 3.4% last month from the same month a year earlier. Although the increase remains high, the rate of growth was 0.1 percentage point lower than in the previous month. The slowdown may reduce expectations of an early interest-rate hike and could affect exchange rates and stock prices.
US consumer prices rise 3.4% as slower growth may ease early rate-hike expectations
Economy