Americans get relief from rising food and gas prices, but core inflation remains high

Inflation cooled last month to its lowest level in nearly two years. The price of groceries dropped three-tenths of a percent in March, marking the first decline in that index since September 2020. But core inflation, which does not include food and gas prices, remains high. Geoff Bennett discussed the new report with Gita Gopinath of the International Monetary Fund.

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