US Core PCE Price Index MoM (Mar) M/M 0.3% vs. Exp. 0.3% (Prev. 0.4%)

The US Core PCE Price Index came in at 0.3% for March, matching expectations but marking a decline from the previous month's 0.4%. This slight cooldown in inflation could influence future Fed policy, as sustained inflationary pressures are a key factor in rate decisions. The stability around expectations suggests markets may interpret this as a sign of moderating inflation, which could have implications for risk sentiment and interest rate paths moving forward.