#CPI&JoblessClaimsWatch pay close attention to the economic news from the United States: It turns out that in the month of March, the prices of the things that people buy in their day-to-day life (such as food, clothing, gasoline, etc.) fell more than experts expected. This is measured with an indicator called CPI, and it dropped to 2.4%.
This news is important because the Federal Reserve (also known as the Fed, which is like the central bank of the U.S.) is very attentive to how prices rise or fall. If prices rise too much (high inflation), the Fed may decide to raise interest rates to try to prevent people from spending too much and thus control prices.
But now that prices have fallen more than expected,