Fed's preferred inflation gauge shows price pressures stayed elevated last month
- Core prices increased by 0.3% from February to March, with a 2.8% rise compared to a year earlier, according to Friday's inflation data.
- Prices rose 0.3% from February to March, and were up 2.7% from a year earlier in March, showing a slight increase.
- Various factors like gas, restaurant meals, healthcare, and auto repairs contributed to the overall inflation rate remaining high, as per the report.
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Leaning Left9Leaning Right8Center18Last Updated10 days agoBias Distribution51% Center