Economists expect the U.S. March CPI month-over-month rate to jump by more than 1%, the largest one-month increase since 2022.

GateNews

2026-04-05 01:16:26

Gate News message, April 5, economists say the gasoline price spike that American consumers can feel firsthand will be fully reflected in the key inflation data to be released this week. The U.S. is expected to see March CPI rise 1% month over month, which would be the largest single-month increase since 2022; core CPI may rise 0.3% month over month. Earlier, the Iran war pushed U.S. gas station gasoline prices up by about $1 per gallon. As a result, the Federal Reserve may find it difficult to carry out rate cuts this year.

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