CPI inflation report resets timing of Fed interest rate cuts TheStreetInflation pressures ease in April as consumer prices rise at slowest pace in three months Yahoo FinanceInflation Eased and Markets Hit New Highs The New York TimesGrocery prices are finally falling CNNHow it started... How it's going: Home, energy, car bills way up thanks to inflation Fox Business
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.