Consensus for March 2023 YoY CPI is expected to be 5.2%. This shows a significant downtrend from the prior month reading of 6.0% and from the high of 9.1% in June 2022. This would be the lowest YoY CPI reading since May 2021. Of course, the Fed favors core PCE but this is still a good sign for bulls since the markets still react heavily to CPI releases. March CPI numbers will be released this Wednesday, 4/12.
[link] [comments] https://www.reddit.com/r/stocks/comments/12fx3mg/yoy_cpi_is_expected_to_drop_to_52_for_march_from/
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