A man looks at his mobile phone while shopping at a grocery store in Buffalo Grove, Ill., Sunday, March 19, 2023. On Wednesday, the Labor Department reports on U.S. consumer prices for March. (AP Photo/Nam Y. Huh)
April 12, 2023
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April 12, 2023 10:05 a.m.
Cheaper gas and food provide some relief from US inflation
WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet prices are still rising fast enough to keep the Federal Reserve on track to raise interest rates at least once more, beginning in May.