"Fed Mouthpiece": March Core CPI Slightly Below Expectations, But Single-Month Data Insufficient to Alter Fed's Assessment

Odaily News "Fed Mouthpiece" Nick Timiraos: The US March core CPI was slightly below expectations at 0.196%. However, a single month's data doesn't say much. The Fed wants to see energy prices decline (coupled with more confidence that the tariff pass-through effects have ended), and likely more energy impacts (airfare, transportation) are still ahead. (Jin10)