MACRO
US Core Inflation Slows Only a Bit, Keeping Fed on Track to Hike
A key measure of US inflation showed hints of moderating in March, but likely not by enough to dissuade the Federal Reserve from raising interest rates again next month.
The core consumer price index rose 0.4% from the prior month following a 0.5% gain, in line with economists' estimates. Yet key measures of housing costs posted the sma...