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
, 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.
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Stocks open little changed as investors await March inflation report: Live updatesTwo key economic data points weigh on the minds of investors this week: the latest consumer price index and the producer price index readings.
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S&P 500 is little changed as investors await March inflation report: Live updatesTwo key economic data points weigh on the minds of investors this week: the latest consumer price index and the producer price index readings.
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S&P 500 ends flat ahead of March inflation report, Fed minutesU.S. stock indexes finished mostly lower on Tuesday as investors awaited key inflation data that could determine if the Fed will once again raise interest rates in May. The Dow Jones Industrial Average advanced 98 points, or 0.3%, to end at 33,685:
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NY Fed: Year-ahead expected inflation rises to 4.7% in March from 4.2% in FebruaryThe Federal Reserve Bank of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation
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