INFO:
The headline CPI data for March shows inflation fell by 0.1% from the prior month. Economists had been expecting a 0.1% increase. Core inflation, which strips out more volatile food and energy prices, rose 0.1% from February versus the expected 0.3% estimate. Core prices rose 2.8% from a year ago compared to a 3.0% estimate. Morning Brief anchors Brad Smith and Madison Mills report the breaking news in the video above. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Inflation cooled much more than expected in March