Core CPI cooler; headline CPI in line

In March, the core Consumer Price Index (CPI) came in slightly cooler than anticipated, suggesting some moderation in underlying inflation pressures. However, the headline CPI figure was roughly in line with market expectations, indicating persistent overall inflation. This mixed data presents a complex picture for policymakers, as core inflation offers a glimmer of relief while the headline number remains elevated. The Federal Reserve will likely weigh both components carefully when considering future monetary policy adjustments.