Fed rate hikes: Cause for pause?
Fed watchers see potential for a pause in rate increases, but recent reports show the economy still runs hot.
The consumer price index showed further signs of cooling in March, led by declining prices in grocery stores and at the gas pump. But it was not all good news as services inflation remains high and could keep some cost increases elevated for consumers into 2024.
Nationwide Senior Economist Ben Ayers shares his analysis of the March CPI report. Ben also explains supercore inflation and its impact on Fed policy.
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