Inflation eases in March, with Consumer Price Index rising 0.1%

E . >> THANK YOU SO MUCH, ED. >>> THE CONSUMER PRICE INDEX ROSE IN MARCH, AND DATA SHOWS COOLING AND INFLATION AS THE BY THE DEMONSTRATION LOOKS FOR WAYS TO TACKLE IT. FOR MORE ON THIS I WOULD LIKE TO BRING IN MEGAN. >> THINGS ARE REMARKABLY STRONG, DESPITE THE BANKING TURMOIL WE DO NOT SEE AN ECONOMIC COLLAPSE. PRICE GROWTH WILL STAY STRONG AS WELL. WE SAW PROGRESS TODAY BUT WE SAW SIGNS THAT SUGGEST UNDERLYING PRESSURES. THINGS LIKE GUESSES FALLING AND THINGS LIKE GROCERIES ARE STILL GETTING MORE EXPENSIVE. >> LOOKING AT THE NUMBERS CAN SEEM LIKE

A HORSE RACE. WHAT ARE SOME OF THE TAKEAWAYS FROM THE JOBS REPORT IN THE BIGGER PICTURE? >> Reporter: THEY SHOWED US JOB GROWTH IS STARTING TO SLOW DOWN JUST A LITTLE. HUNDREDS OF THOUSANDS OF PEOPLE ARE STILL GETTING WORK EACH MONTH. IT IS A LITTLE BIT MORE THAN WHAT THE FED WANTS TO SEE BECAUSE THEY THINK THINGS ARE TIGHT AND WAGE GROWTH IS STRONG . WE ARE TRENDING IN THE RIGHT DIRECTION IN TERMS OF COOLING. JOB DEMAND IS SLOWING WITHOUT REALLY FALLING OFF THE CLIFF AND SHOWING ANY SIGNS OF RECESSION. WE ARE NOT QUITE WHERE

WE WANT TO BE. THINGS ARE LITTLE BIT HOT BUT WE MIGHT BE STARTING TO MOVE IN THE RIGHT DIRECTION. >>> WHAT ARE THE NUMBERS FROM THIS MORNING SAY

ABOUT WHAT WE CAN EXPECT? >> IT IS SORT OF SPLIT AND WE WILL HAVE TO WATCH HOW OFFICIALS REACT. ENERGY PRICES ARE FALLING AND THEY WILL LOOK AT WHAT THIS MEANS. THEY ARE GOING TO SEE THAT THERE IS THE UNDERLYING PRESSURE THAT REMAINS STRONG. THEY ALSO REALLY WANT TO MAKE INFLATION EASIER. THAT IS WHAT THEY ARE GOING TO BE DEALING WI