'It's really hard to shop': Inflation still nagging consumers

WEST PALM BEACH, Fla. — New data from the federal government released Wednesday shows inflation is still an issue for consumers, and it's unlikely to trigger any relief from high interest rates.

"It was worse than expected, no matter how you slice it," Bankrate economist Greg McBride said. "It increased faster on a month-over-month basis. It increased faster on a year-over-year basis."

The Consumer Price Index rose 3.5% in March from a year ago.