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Hot Inflation? Enterprise Products Stock Can Help
EPDEnterprise Products Partners L.P.(EPD) Seeking Alpha·2024-04-10 19:28

Devrimb/iStock via Getty Images March CPI inflation data March's CPI data just came out, and according to the data, The Consumer Price Index climbed 0.4% in March, the same increase as in February, and exceeding the 0.3% rise that economists expected. That indicates that the hot readings in January and February may be more than a "bump" on the path to inflation heading toward the Federal Reserve's 2% goal. Digging a bit deeper, it is not difficult to find out that the rise was largely due to cost increases ...