U.S. CPI falls at fastest pace in five years

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(Kitco News) - U.S. inflation pressures have eased more than expected as the nation's economy grinded to a halt last month due to the growing COVID-19 pandemic.
(Kitco News) - U.S. inflation pressures have eased more than expected as the nation's economy ground to a halt last month due to the growing COVID-19 pandemic.

Friday, the U.S. Labor Department said its U.S. Consumer Price Index fell 0.4% in March, after a 0.1% rise in February. The data was weaker than consensus forecasts as economists were expecting to see a 0.3% decline.

The report noted that the drop in inflation last month was the sharpest since decline…
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