The Commerce Department released numbers on Monday indicating that inflation was near the top of the Federal Reserve?s comfort zone and that consumer price and income gains in March outstripped expectations, according to a story by MarketWatch.
Personal incomes grew at a 0.8% rate in March. Economists that had been surveyed by MarketWatch expected incomes to rise 0.4%.
For this complete story, please visit Incomes, inflation accelerate in March.