US CPI Jumps in March as Energy Prices Surge While Core Inflation Stays Stable

TLDR: March CPI rose 0.9% MoM, driven largely by a sharp surge in energy and gasoline prices Core CPI remained steady at 0.2%, showing limited inflation spread beyond volatile sectors Energy prices jumped 10.9%, with gasoline rising 21.2%, dominating overall inflation movement Stable core data supports a cautious Fed stance as markets await clearer signals [...]

The post US CPI Jumps in March as Energy Prices Surge While Core Inflation Stays Stable appeared first on Blockonomi.