The U.S. Bureau of Labor Statistics reported Wednesday a 0.1 percent decrease in the Consumer Price Index on a seasonally adjusted basis. The index for energy dropped 1.4 percent while food prices were essentially flat, up 0.2 percent. The core index remained stable.
Consumer pay a little more in March, inflation not yet problem
Prices paid by consumers in March rose slightly, a sign that inflation has not yet become a serious problem for the U.S. economy.
However, others think the Fed’s current policy on interest rates will be unsustainable in the future.