GENERAL
Inflation Jumps 0.9% in March Amid Geopolitical Tensions
US inflation rose sharply in March, climbing 0.9% month-over-month and 3.3% year-over-year, largely due to a significant spike in energy prices. While food costs remained stable, the report reflects the initial economic impact of the war with Iran. Future inflation figures will depend on the stability of the recent ceasefire and its effect on gas prices.