Tradestation Executive Says Rate Cuts Might Be Abandoned Due to Persistent Inflation Revealed in March CPI Data

In March, the U.S. Consumer Price Index (CPI) surged by 0.4%, exceeding expectations and reaching 3.5% overall. The Bureau of Labor Statistics attributed this uptick to notable rises in housing and fuel expenses. This rapid inflation has stirred unease in financial circles, prompting concerns about potential impacts on various sectors…