March Inflation Rate Cools Far More Than Expected, Raises Hopes For Near-Term Fed Rate Cuts
Inflation fell to 2.4% in March, the lowest level in six months, raising hopes for near-term Fed rate cuts. However, the news led to a decline in S&P 500 and Nasdaq 100 futures as markets digested the cooling inflation and Trump's tariff pause.
https://www.benzinga.com/news/econ-s/25/04/44733390/march-inflation-rate-cools-far-more-than-expected-raises-hopes-for-near-term-fed-rate-cuts