Follow live news and analysis of the March consumer price index reading, which is due to be released on Friday morning.

Recent inflation trends could shape Social Security benefits for millions of retirees in the coming years.

The March CPI jumped by 0.9 percent (equal to market expectations), bringing the 12-month trend rate up to 3.3 percent – the fastest pace since September 2023.

Inflation just hit a two-year high, but Bitcoin (CRYPTO: BTC) rallied instead of crashing. The March CPI report came in at 3.3%, almost entirely driven by surging oil and gasoline prices from the Iran war,

The consumer price index is forecast to rise a sharp 0.9% in March, according to economists surveyed by The Wall Street Journal. It would be the biggest increase since June 2022 during the height of the Russian war on Ukraine.

March CPI jumps as gas prices surge, lifting inflation to 3.3% and driving a hawkish market reset. Click for this look at the data and its market implications.

Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.

The Consumer Price Index (CPI) regularly measures the change in the prices paid by consumers in the U.S. for a representative basket of goods and services.

Bitcoin (BTC) and Ethereum (ETH) prices are in focus following the release of the first US CPI data since the US-Iran war began. US inflation in March