This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economy editor Reade Pickert looks ahead to the Fed’s preferred inflation indicator and comments by Jerome Powell. Sign up here and follow us at @bpolitics. Email our editors here.
Markets in the US may be closed tomorrow for Good Friday, but that won’t stop investors from checking the week’s most important economic events: fresh data on the Federal Reserve’s favorite inflation gauge and the state of the American consumer, as well as comments from central bank chief Jerome Powell.