US inflation up again in March in latest sign that price pressures remain elevated
- Consumer inflation, led by gas, rents, and auto insurance, remained high last month, causing concern for the Federal Reserve's interest rate decisions.
- Overall consumer prices increased by 0.4% from February to March, consistent with the previous month.
- Excluding food and energy, prices also rose by 0.4%, maintaining the same pace as in the previous month.
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US inflation up again in March in latest sign that price pressures remain elevated
WASHINGTON (AP) — Consumer price increases remained high last month, boosted by gas, rents, and car insurance, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut inter
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