🚨 HIGHEST CPI SINCE 2022!

#highestcpisince2022

U.S. CPI jumped 0.9% in March marking the biggest monthly inflation increase since 2022.

• Headline inflation came in hot at 3.3% YoY

• Gasoline was the main driver behind the surge

• Core CPI stayed relatively cooler at 0.2% MoM

• Markets now have to price a tougher Fed path again

Headline inflation looks dangerous. Core inflation still looks contained.

That means the market is now stuck between energy shock fears and rate-cut hopes.