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

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