US inflation fell below expectations in March, but expected to rise to 4% later
From Investing.com: 2025-04-10 14:20:00
US inflation in March fell below expectations, with headline prices dropping -0.1% and core prices rising just 0.1%. Energy prices, airline fares, recreation prices, and used car prices all saw declines. However, higher prices from tariffs and supply chain disruptions are expected to drive inflation back up to 4% in the second half of the year. Federal Reserve interest rate cut expectations are fluctuating, with the possibility of three to four cuts this year. The report suggests room for maneuver in response to softening growth, but the Fed remains cautious about tariff-induced price hikes and supply chain issues.
Read more at Investing.com: A Pleasant Surprise From US Inflation Report, but It Won’t Last Long
