data, with press secretary Jen Psaki telling reporters on Monday that the White House expects to see that inflation accelerated again in March as a result of the Ukraine war and the ensuing sanctions on Russia.
The data will also have major implications for the Federal Reserve, which has taken a more hawkish approach to fighting inflation in recent months: Policymakers raised rates by a 0.25 percentage point in March, and have since signaled support for a faster, 0.5-point increase at their May meeting. "Many participants noted that one or more [0.5-point] increases in the target range could be appropriate at future meetings, particularly if inflation pressures remained elevated or intensified," the Fed minutes from its March meeting said.
Source: Entertainment Trends (entertainmenttrends.net)
It's time to March on DC. Send all illegal immigrants to DC.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Food prices likely pushed India inflation to 16-mth high in MarchIndia's retail inflation likely sped up to a 16-month high of 6.35% in March, well above the Reserve Bank of India's upper tolerance band for a third straight month, in part due to a sustained rise in food prices, a Reuters poll found.
Source: Reuters - 🏆 2. / 97 Read more »
Horrific Bataan Death March commemorated on its 80th anniversaryHundreds gathered aboard the USS Hornet in Alameda to mark the milestone anniversary of the Bataan Death March in the Philippines.
Source: mercnews - 🏆 88. / 68 Read more »
March breaks record for most tornadoes in a single monthIt was a chaotic meteorological transition into spring as March saw the highest number of tornadoes in a single month in U.S. history. watch the news, in 1974, and learn all about climate change 🙄 ANGGARAN DEViSA & DEFiSiT KEMENTERiAN •PENERiMAAN ANGGARAN KEMENTERiAN ? TAHUN PERTAMA SAMPAi TAHUN TERAKHiR ? •PENGELUARAN ANGGARAN KEMENTRiAN TAHUN PERTAMA SAMPAi TAHUN TERAKHiR ? •PENDAPATAN ANGGARAN KEMENTERiAN TAHUN PERTAMA SAMPAi TAHUN TEREAKHiR ? ANTi DEFiSiT Actually God controls the weather and He is trying to get our attention, but we are not paying attention at all!!! We have turned our back on our Creator and now we honor and serve the creation and not the Creator of all things in heaven and on earth!!!
Source: ABC - 🏆 471. / 51 Read more »
March breaks record for most tornadoes in a single monthNEW YORK — It was a chaotic meteorological transition into spring as March saw the highest number of tornadoes in a single month in U.S. history.
Source: WOKVNews - 🏆 247. / 63 Read more »
Parched March expands western drought conditions for third month in a rowAccording to NOAA’s U.S. climate report, March's average monthly temperature across the U.S. was 44.1 degrees, ranking in the warmest third of the 128-year climate record. Just wait, when there no water, and a average of 130 degrees during the summer, who care what the past was.
Source: fox5ny - 🏆 587. / 51 Read more »
Cryptocurrency exchange visitor traffic rose in MarchCryptocurrency exchange traffic increased to 360 million visits in March, according to research conducted by The Block.
Source: TheBlock__ - 🏆 464. / 53 Read more »