--- title: "New Federal Reserve News Agency: March core CPI slightly below expectations, but energy shocks still ahead" type: "News" locale: "en" url: "https://longbridge.com/en/news/282351761.md" description: "In March, the core CPI in the United States increased by 0.196% month-on-month, slightly lower than expected, and the monthly data is insufficient to change the overall judgment. The Federal Reserve hopes to see a decline in energy prices and warns that the secondary effects of energy shocks have not yet been fully reflected in core inflation. The CPI in March rose by 0.9% month-on-month, marking the largest single-month increase since June 2022, with gasoline prices rising significantly. The increase in high-priced aviation fuel and diesel costs will push up consumer goods prices, and the market faces further upward risks" datetime: "2026-04-10T13:20:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282351761.md) - [en](https://longbridge.com/en/news/282351761.md) - [zh-HK](https://longbridge.com/zh-HK/news/282351761.md) --- # New Federal Reserve News Agency: March core CPI slightly below expectations, but energy shocks still ahead "Federal Reserve's megaphone" Nick Timiraos stated that the U.S. core CPI increased by 0.196% month-on-month in March, slightly below expectations. However, single-month data is insufficient to change the overall judgment. The Federal Reserve hopes to see a decline in energy prices and build more confidence in the end of the tariff transmission effect. Notably, more energy-related impacts (such as airfare and transportation prices) may still be ahead. Data released by the U.S. Bureau of Labor Statistics on Friday showed that the CPI rose by 0.9% month-on-month in March, the largest single-month increase since June 2022, with a year-on-year acceleration to 3.3%, the highest level since 2024. Gasoline prices recorded the largest single-month increase since records began in 1967, contributing nearly three-quarters of the monthly increase. **Core CPI rose by 0.2%, lower than the expected 0.3%, providing some comfort to the market, with short-term rate cut bets increasing**. However, economists warn that **the secondary effects of energy shocks have not yet been fully reflected in core inflation, and April data faces further upward risks**. High-priced aviation fuel will push up airfare, and Delta Air Lines has issued a warning regarding this; rising diesel costs will be transmitted to road transportation, thereby increasing consumer goods prices; rising fertilizer prices are expected to elevate grocery bills; the United States Postal Service has also warned of upcoming fee increases. More content is continuously updated. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk ### Related Stocks - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [MLPX.US](https://longbridge.com/en/quote/MLPX.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UGA.US](https://longbridge.com/en/quote/UGA.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [AMLP.US](https://longbridge.com/en/quote/AMLP.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IYE.US](https://longbridge.com/en/quote/IYE.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) ## Related News & Research - [BREAKINGVIEWS-Gulf conflict has already laid a Fed trap](https://longbridge.com/en/news/282189841.md) - [Gas prices had their biggest monthly spike ever in March](https://longbridge.com/en/news/282367573.md) - [WRAPUP 1-US consumer inflation expected to have surged in March amid Iran war](https://longbridge.com/en/news/282285611.md) - [BREAKINGVIEWS-Gulf conflict has already laid a Fed trap](https://longbridge.com/en/news/282064342.md) - [Perpetual Ltd Has $334,000 Position in Devon Energy Corporation $DVN](https://longbridge.com/en/news/281858765.md)