Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.
Related Posts
Intuit tops Wall Street estimates after tax season, issues strong guidance
Intuit reported better-than-expected results for the fiscal third quarter and also beat estimates with its full-year forecast.
Bitcoin’s on track to hit $100,000 after Trump’s election victory, analysts say
Bitcoin is on track to hit the $100,000 price milestone after Donald Trump’s presidential election victory, according to analysts who spoke with CNBC.
Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say
OpenAI was initially founded as a non-profit in 2015, and later converted to a “capped profit” model in 2019.