A report for March will show whether consumers got additional relief from high inflation as the Federal Reserve continued its campaign to slow rapid price increases.
The Labor Department’s consumer-price index, a closely watched inflation gauge that measures what consumers pay for goods and services, rose 6% in February from a year earlier. That was the smallest increase since September 2021 and down from a 6.4% gain during the prior month. Households saw higher prices for food and shelter and lower prices for energy, used autos and medical-care services.
Read more on wsj.com