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WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon.
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon.
Friday’s report from the U.S. government showed that prices rose 0.3% from February to March, the same as in the previous month
WASHINGTON, D.C.: The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and exports decelerated, according to government data released on Thursday.
Measured by the PCE index, prices were up 2.7% year-over-year in March, up from a 2.5% annual rise in February.