BlockBeats News, April 10th. The US March non-seasonally adjusted CPI year-on-year rate was 3.3%, hitting a new high since May 2024, in line with market expectations, with a previous value of 2.40%.
According to CME’s “FedWatch” data, following today’s US CPI data release, the probability of a 25 basis point rate hike by the Fed in April is now at 1.6%, while the probability of no rate change is 98.4%.
