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US Consumer Prices Are Seen Staying Firm, Testing the Fed US inflation was largely unwavering in March, with economists projecting a monthly increase in consumer prices on par with advances seen over the previous half year that will test the Federal Reserve’s mettle. Government figures Wednesday are expected to show a 0.4% monthly gain in the core consumer price index, which excludes food and energy and better reflects the scope of underlying inflation facing American households.
US Consumer Prices Are Seen Staying Firm, Testing the Fed US inflation was largely unwavering in March, with economists projecting a monthly increase in consumer prices on par with advances seen over the previous half year that will test the Federal Reserve’s mettle. Government figures Wednesday are expected to show a 0.4% monthly gain in the core consumer price index, which excludes food and energy and better reflects the scope of underlying inflation facing American households.

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