U.S. inflation had another rough month in March, increasing 3.5%, which throws doubt into whether or not the Federal Reserve will actually begin to cut interest rates as soon as June.
Read More Report: U.S. Inflation Rises 3.5% In March, With Fed Rate Cuts In Doubt
U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.
Read More US consumer prices accelerate; seen delaying Fed rate cut
NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.
Read More US small-business sentiment slides to lowest level in more than 11 years
JPMorgan Chase chief Jamie Dimon warned that U.S. interest rates could increase over 8% in the next few years, with record toppling U.S. debt has made it complicated to keep inflation down.
Read More JPMorgan Chase CEO Jamie Dimon Claims Interest Rates Could Increase Above 8%
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. private payrolls increased more than expected in March, pointing to continued labor market strength.
Read More US private payrolls post largest gain in eight months in March