The calendar says it’s spring, but investors can’t be blamed for feeling like it’s Groundhog Day: The economic issues impacting portfolios continue to persist this year. Just after a ceasefire between the United States and Iran was announced, providing an impactful market tailwind, investors are getting the latest inflation readings, which appear to be making an unwanted comeback.
The Personal Consumption Expenditures (PCE) index reading and the Consumer Price Index (CPI) for March are both out this week, and both reports are expected to show the rate of inflation creeping higher.
