The U.S. CPI fell to 5% in March, the lowest level since May 2021.

(AFP)

[Financial Channel/Comprehensive Report] The U.S. Bureau of Labor Statistics (BLS) announced the latest inflation data earlier. The Consumer Price Index (CPI) fell sharply to 5% in March, better than the original forecast of 5.2% and February's 6%. , indicating that the US Federal Reserve (Fed) has raised interest rates successively in the past year, which has been effective in curbing price rises, driving US stocks to rise 200 points before the market.

According to "CNBC" real-time stock market, at 8:48 p.m. Taipei time on Tuesday (12th), the Dow Jones futures index rose 256 points or 0.44% before the U.S. stock market; the S&P 500 futures index rose 37.25 points or 0.9%; Nasdaq The gram 100 futures index rose 142.75 points, or 1.09%.

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The CPI fell back to 5%, the lowest since May 2021, but the core CPI excluding energy and food prices rose slightly to 5.6% from 5.5% in the previous month, but still in line with market expectations.

International oil prices remained stable. At the same time, Brent crude oil futures were temporarily at $86.15/barrel; U.S. West Texas Intermediate crude oil futures were temporarily at $81.44/barrel.

After the inflation data came out, the U.S. bond yield fell, with the 10-year term temporarily at 3.362% and the 2-year term at 3.916%.

(Note: Bond prices and yields move inversely.)

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