A Pleasant Surprise From U.S. Inflation, But It Won't Last Long
Source: SeekingAlpha
2025-04-10 10:45:00 ET
Summary
- The US CPI report for March showed that headline prices fell -0.1% month-on-month and core inflation rising just 0.1%.
- Today’s report is a very pleasant surprise, which on the face of it gives the Fed room for manoeuver if growth continues to soften.
- Nonetheless, the Fed will be wary of tariff-induced price hikes and supply chain disruption that we think will still push inflation back to 4% in the second half of the year.
A pleasant surprise for once
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A Pleasant Surprise From U.S. Inflation, But It Won't Last Long
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