U.S. CPI falls at fastest pace in five years

Sharing is Caring!

www.kitco.com/news/2020-04-10/U-S-CPI-falls-more-than-expected-in-March.html

Even with the Fed printing money we still can’t seem to get inflation. It appears this drop was due to low oil prices and the oil price war.

The report noted that the drop in inflation last month was the sharpest since decline since January 2015. For the year inflation is up 1.5%.

The drop in consumer price pressures was largely the result of a major drop in gasoline prices.

124 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.