US CPI report for March expected to show 2.8% y/y headline inflation and 3.1% y/y core inflation

From Investing.com: 2025-04-09 20:57:00

The US CPI report for March is expected to show 2.8% y/y headline inflation and 3.1% y/y core inflation. FOMC officials are downplaying the immediate impact of a potential trade war on the US economy. The US Dollar Index is below 103.20, indicating a downside trend. Traders are closely watching the CPI report, which may have limited market impact due to ongoing trade uncertainty. A combination of weak growth and high inflation presents challenges for the Fed. Technical analysis shows the DXY near 6-month lows, with potential support near 100.25. A benign CPI report could lead to a dollar rally.



Read more at Investing.com: US CPI Preview: Why Inflation Still Matters for the US Dollar Despite Tariff Focus