U.S. CPI for March Came in Hot; USD Rallies!
The U.S. Consumer Price Index (CPI) rose by 0.4% m/m in March, inline with February’s inflation rate but a tick above the 0.3% m/m forecast.
On an annualized basis, the headline CPI read was up 3.5% y/y, mainly driven by shelter and!--sse-->…