Why March CPI Looms So Large for the Fed
Wall Street Journal
Inflation reports have become the most widely watched economic indicator since prices first surged three years ago. But Wednesday’s consumer-price index for March has taken on outsize importance because Federal Reserve officials appeared willing to look past firmer-than-anticipated readings for January and February.
https://www.wsj.com/articles/why-march-cpi-looms-so-large-for-the-fed-c9169fe0