U.S. inflationary pressures were unchanged in April, as the U.S. future inflation gauge held at 113.2, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG was flat in April, having stayed since mid-2016 around its highest readings since 2008," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "In other words, underlying inflation pressures are still heightened."

Gary Siegel

Gary Siegel

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