#CPI&JoblessClaimsWatch The latest U.S. inflation data has sparked optimism in financial markets, especially among crypto investors. According to the Labor Department, the Consumer Price Index (CPI) rose by 0.1% in March, easing from 0.2% in February. On a year-over-year basis, CPI dropped to 2.4%, down from 2.8% the previous month and below Wall Street’s forecast of 2.6%.