U.S. Inflation
Inflation Slows in March
U.S. consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, likely ensuring that the Federal Reserve will raise interest rates again next month. Nevertheless, the mixed report from the Labor Department on Wednesday offered some encouragement in the fight against inflation. Services inflation showed signs of moderating. Rents, though still high, rose at their slowest pace in nearly a year.









