Consumer Prices Fall In March

2025-04-10 13:52:00 ET

Summary

• The Bureau of Labor Statistics reported that the Consumer Price Index declined 0.1 percent in March.
• The current target range for the federal funds rate, the main barometer of monetary policy, is 4.25 to 4.50 percent.
• The M2 money supply grew 3.84 percent over the past year.

By Alexander W. Salter

After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) declined 0.1 percent in March. Prices rose 2.4 percent year-over-year, compared with 2.8 percent last month. The biggest decrease was for energy, which fell 2.4 percent. Gasoline prices were down 6.3 percent....

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