Inflation, Factory Data Squeeze Fed

Despite the Street's concern about a faltering economy, the Fed likely will leave interest rates alone after jumps in the latest reports

A batch of economic data reports released Mar. 16 indicates that Federal Reserve policymakers may have to keep their focus on continued strength in retail prices, a still-resilient factory sector, and a slightly more cautious, though still upbeat, consumer at the Mar. 20-21 Federal Open Market Committee meeting.

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