U.S. CPI Dips Unexpectedly

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CPI

Reuters

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Business

Business & Economics

Instant View: Cool March CPI may be short-lived distraction from tariff-led inflation

Summary

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74% Informative

The consumer price index dipped 0.1% last month after gaining 0.2% in February .

Year over year , the CPI advanced 2.4% after rising 2.8% year-on-year .

Economists polled by Reuters had forecast the CPI edging up.

The Fed is likely to face a difficult trade-off as tariff driven price increases feed through to inflation data.

The market has been troubled by three things: tariffs, tariffs and Congress not being able to get their act together and delivering the tax package that will make the current tax rates permanent or at least extend them for a significant period of time.

"I don't think the movements in the market have much to do with the CPI numbers".

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English

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