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🚨✨️💥 Trump's "No Inflation" Claim Coll Expectations
The gap between political messaging an impossible to ignore. US consumer inflati points in March to 6.2%, the highest readi monthly climb since April 2025.
University of Michigan data tells a similar story, with its 1-year inflation gauge up 0.4 percentage points to 3.8%. The share of consumers bracing for higher interest rates over the next year jumped 7.5 percentage points to 42.4%.
Oil is doing much of the heavy lifting. With US crude above $100 a barrel, models from The Kobeissi Letter project CPI could hit around 3.3% if prices hold for two more months. The OECD has revised its US headline inflation forecast up 1.2 percentage points to 4.2% for 2026, citing persistent energy price pressures across G20 economies.
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