US Drop-In: March CPI and the Fed’s next steps

Will underlying inflation prove to be stickier than we thought?

Paul Ashworth and Andrew Hunter from our US Economics team held an online briefing shortly after the release of the March CPI report. During this 20-minute briefing, Paul and Andrew answered client questions as they discussed the latest numbers and addressed key issues, including:

• What the recent data say about the outlook for growth and inflation;
• The impact of bank turmoil on the Fed’s strategy;
• The potential timing of the first rate cuts.