CNBC Daily Open: Return to reality

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CNBC Daily Open: Return to reality
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We look ahead to the U.S. consumer price index report later this week, which will help determine the Federal Reserve's path ahead.

later this week, which will help determine the Federal Reserve's path ahead. We'll also hear more about the Fed's thinking when minutes from the February Federal Open Market Committee meeting are released this week. China's inflation number for March is scheduled for Tuesday, which is also when the Bank of Korea will meet.the U.S.

in March, which was broadly in line with expectations but down from the month before, showing that the job market is indeed slowing. That number compares with a revised print of 326,000 jobs in February. The unemployment rate ticked lower from 3.6% to 3.5%. Average hourly earnings rose by 0.3% to push the 12-month increase to 4.2%, the lowest level since June 2021..

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