Today, inflation rose again, surpassing expectations. The Bureau of Labor Statistics’ Consumer Price Index (CPI) underscores the ongoing challenge faced by the Federal Reserve in meeting its target goals of reducing inflation to 2%. Inflation increased by 3.5% compared to last March, marking a faster pace than February’s 3.2%.
SCOTUS Rejects Trump Administration Bid To Halt $2B In Foreign Aid Payments
On Wednesday, a slim majority of the Supreme Court overturned an injunction that had been preventing the Trump administration from paying nearly $2 billion in “past-due foreign aid funds.”