Of the two, the CPI report is of more import and economists are forecasting that gauge to have risen 0.4% in April, in line with the March advance. The annual pace of headline CPI is seen slowing to 3.4% from 3.5% in March. The so-called core CPI – which strips out food and energy costs – is expected to rise 0.3% in April versus 0.4% in March, with the annual pace falling to 3.6% from 3.8%.
Related posts
-
Salvadoran Government Introduces Bitcoin Banking Law Reform
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies... -
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of... -
Top cryptocurrencies to watch this week: ETH, DAO, ELON
The cryptocurrency market experienced a predominantly bearish trend last week. Bitcoin (BTC), the leading asset, saw...