FINANCIAL TIMES: … Core consumer prices climbed 0.2 per cent last month, nudging the annual rate to 1.8 per cent from 1.7 per cent in February, according to figures released by the Labor Department on Friday.
Headline inflation, which includes the effect of the weaker oil price, also rose 0.2 per cent on the month, but it was lower on an annual basis, declining 0.1 per cent in the 12 months ended March. That reflected an 18.3 per cent drop in the energy index…
On Thursday Dennis Lockhart, president of the Atlanta Federal Reserve, told the FT he was leaning to a September lift-off in rates, rather than in June, amid softer economic data in the first quarter of the year… (more)
