(RTTNews) - The Commerce Department on Friday released its report on U.S. personal income and spending in the month of March, which includes readings on consumer price inflation that are said to be preferred by the Federal Reserve. Despite the slowdown, FHN Financial Chief Economist Chris Low noted, "Prices are still rising faster than the Fed is comfortable with." Meanwhile, the Commerce Department said personal spending was unchanged in March after inching up by a revised 0.1 percent in February.