US: Inflationary Pressures Cool in March, But Tariff Impacts Could Start to Surface as Early as Next Month

The Consumer Price Index (CPI) declined 0.1% in March, following a gain of 0.2% month-on-month (m/m) in February. On a twelve-month basis, CPI was up 2.4% (from 2.8% in February). Energy prices fell 2.4% m/m, thanks to a 6.3% m/m pullback in gasoline prices. Meanwhile, food prices jumped by 0.4% m/m and are up 3.0% […]

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