Tech Insider

Well, well, well if it isn't another CPI day. Phil Rosen here — March's inflation report is due at 8:30 a.m. ET today.

Here's how FactSet data predicts things to shake out: 

  • CPI climbed 0.3% in March, versus 0.4% in February
  • CPI year-over-year climbed 5.2%, versus 6.0% in February

Morningstar chief economist Preston Caldwell said he'll be watching "super core inflation," or core services excluding housing, for clues to the Fed's next move.

"Super core inflation in the CPI report has shown no signs of abating yet," he wrote in a note. "But falling wage growth would suggest that inflation in this category should moderate."

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Markets, Newsletter, 10 things, 10 things opening bell, Fed, Federal Reserve, BlackRock, Asset Manager, Wall Street, Inflation, CPI, march cpi, Consumer Price Index, core CPI, Interest Rates, interest rate hikes, portfolio manager, strategists, Stock Market Outlook, Stocks, economic outlook, Economic Indicator, Job Market, Unemployment, Labor Market
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March CPI and the Fed's next steps in its inflation battle: Everything to know