U.S. inflationary pressures were down in March, as the U.S. future inflation gauge decreased to 113.2 from a 113.5 reading in February, according to data released Friday morning by the Economic Cycle Research Institute.


ECRI Chief Operations Officer Lakshman Achuthan.

"While the USFIG dipped in March, it remains in a cyclical upswing," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "In essence, underlying inflation pressures are still elevated."

Gary Siegel

Gary Siegel

Gary Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.