The Daily Money: When will prices for goods go down?

We made it to Friday, Daily Money readers! It's Amanda Pérez Pintado with today's top headlines.

Consumers have, so far, continued spending despite price hikes. But there's good news for shoppers.

As inflation cools and consumers push back against higher prices, some companies say they will stop or slow the rate of price increases. Coca-Cola, for instance, expects to slow price increases this year, and Chipotle plans to pause price hikes. 

And more companies could follow suit, according to Matt Kramer, national sector leader of consumer and retail for KPMG.

Key inflation measure eases in March

An inflation measure watched closely by the Federal Reserve cooled last month. 

Consumer prices increased 4.2% in March from a year earlier, down from 5.1% in February, according to the Commerce Department. 

A  measure of prices that excludes volatile food and energy items ticked up 0.3%, in line with the rise the previous month.

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🍔 Today's Menu 🍔

Canned Wendy’s chili: You can soon get Wendy's famous homestyle chili at the grocery store. Wendy’s Chili with Beans will hit shelves with a suggested retail price of $4.99 per can.

About The Daily Money 

Each weekday, The Daily Money delivers the best consumer news from Paste BN. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.