Inflation rose steadily in April as soaring energy prices pushed consumer prices higher, according to federal data released Friday. The report highlights rising economic pressure from the Iran war, with energy costs acting as the main transmission channel to U.S. consumers. This is market-wide macro news that can affect inflation expectations, rate pricing, and sector performance.
Inflation rose steadily in April as soaring energy prices pushed consumer prices higher, according to federal data released Friday. The report highlights rising economic pressure from the Iran war, with energy costs acting as the main transmission channel to U.S. consumers. This is market-wide macro news that can affect inflation expectations, rate pricing, and sector performance.
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moderately negative
Sentiment Score
-0.35