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Third, even a big jump in oil prices is typically a one-time hit on consumer prices and not a prelude to sustained inflation.
In the United States, the report on consumer prices came after one on prices for wholesalers on Thursday.
A report on consumer prices will come next week.
The central bank action Friday was aimed at keeping a tight rein on consumer prices.
The Labor Department will report on producer prices on Thursday and on consumer prices on Friday.
He is also concerned about the impact of regulation on consumer prices.
A report on consumer prices is to be released on Tuesday.
The Labor Department will release its report on consumer prices on Wednesday.
Still, the effect of rising labor costs on consumer prices has been restrained, the Fed said.
The dollar rose against the euro after a report on consumer prices showed that core inflation remained in check.
The report on consumer prices — a more closely watched and less volatile inflation gauge — will be released today.
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