From Investing.com.: 2024-05-14 08:02:00

US consumer inflation data for March was unexpectedly strong, setting the stage for the upcoming April report. Despite the possibility of a surprise, there is a forecast for core CPI to ease to 3.6% year-over-year. The M2 money supply trend also suggests ongoing disinflation, although time may be running out for this trend. Market expectations and simple models continue to support a disinflationary outlook, even as economists project a decrease in core CPI to 3.6%. The real test will be the actual CPI results, which will provide clarity on the current inflation trend.



Read more at Investing.com.: CPI Preview: Disinflation Expected to Resume in April Report