#CPI&JoblessClaimsWatch interest rates later this year, but only if inflation keeps going down and the economy stays steady.

In March, prices in the U.S. actually dropped a bit for the first time in years. CPI over the past year slowed to 2.4%, which is the lowest it’s been since the pandemic. Additionally, the Producer Price Index (PPI), which measures wholesale prices, fell by 0.4% in March. That's the first drop since October 2023, driven by significant declines in gasoline and egg prices. This suggests that inflation pressures