Breaking: US CPI inflation jumps to 3.3% in March, as forecast

Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), climbed to 3.3% in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed 2.4% in February and came in line with market expectations. Annual inflation in the United States (US), as measured by the change… Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), climbed to 3.3% in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed 2.4% in February and came in line with market expectations. Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), climbed to 3.3% in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed 2.4% in February and came in line with market expectations. On a monthly basis, the CPI rose 0.9%, as forecast, after the 0.3% increase recorded in February.The core CPI, which excludes volatile food and… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.