Wall St relieved after inflation data but warns Fed’s fight not over

By Lewis Krauskopf NEW YORK (Reuters) – Investors on Tuesday welcomed a report showing U.S. consumer prices rose at an expected monthly pace but warned of uncertainty ahead, as the Federal Reserve fights to bring down inflation while juggling a banking crisis. February’s inflation report showed consumer prices rising by 0.4%, with a year-on-year increase of 6% – in line with analysts expectations, but far above the 2% rate the Fed hopes to achieve. The number was a relief to some investors who had worried that a stronger-than-expected report would fuel concerns over whether the Fed would need …

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