Inflation slowed in March — but that was before trade wars threatened to raise prices

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  Posted by Two Blokes Apr 30 - Filed in General - #TwoBlokesTrading  - 0 views
  
  The numbers: The cost of U.S. goods and services were flat in March and put the Federal Reserve closer to its 2% inflation target, but tariffs and trade wars threaten to undo the latest progress. The PCE index, the Fed's preferred inflation gauge, was unchanged last month, the Bureau of Economic Analysis said Wednesday. It was the smallest reading in four months.