US Import Prices MoM (Mar) M/M 0.8% vs. Exp. 2% (Prev. 1.3%, Low. 0.4%, High. 4.3%)
US import prices for March rose by 0.8%, significantly below the expected 2% increase and lower than the previous month's rise of 1.3%.
Wells Fargo (WFC) removed from Bank of America Tier 1 list
The US did not officially agree to the extension of the ceasefire. The talks between the US and Iran continue with the aim of reaching an agreement, i24 News reports
US Import Prices MoM (Mar) M/M 0.8% vs. Exp. 2% (Prev. 1.3%, Low. 0.4%, High. 4.3%)
Progressive (PGR) Q1 2026 (USD): EPS 4.80 (exp. 4.82), Net premiums written 23.6bln (exp. 23bln)
Drone targets Iranian Kurdish opposition camp in Iraq's Erbil, according to reports
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This notable miss suggests downward pressure on inflation, potentially influencing future monetary policy and the outlook for interest rates. Traders should consider how this might impact USD valuations and overall market sentiment, particularly in relation to inflation expectations.
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