US inflation marches on

By: Macro Strategy Team

March 28, 2024

By: Macro Strategy Team

Macro Strategy Team

After two strong readings in January and February, there will be even more focus on US inflation prints in March.

Viewed through our PriceStats data it looks to have been another firm month.

With just a few days remaining in the month, inflation looks to have risen close to 0.5% (nsa); the second consecutive above seasonal rise for the PriceStats series for the first time in six months. It is perhaps no coincidence that this was also the last time energy prices were rising sharply.

You can hear more from Alberto Cavallo on the detail behind these trends on this week’s Street Signals podcast.

Author Bios

Macro Strategy Team

The Macro Strategy team provides cross-asset research and market intelligence across developed and emerging economies. Their expertise in FX, equities, and fixed income is complemented by proprietary indicators on investor behavior, inflation, and sentiment—turning complex data into actionable insights that help clients anticipate risks and capture opportunities.

1. Peter L. Bernstein Award for Best Article in an Institutional Investor Journal in 2013; Bernstein-Fabozzi/Jacobs-Levy Award for Outstanding Article in the Journal of Portfolio Management in 2006, 2009, 2011, 2013 (2), 2014, 2015, 2016, 2021; Graham & Dodd Scroll Award for article in the Financial Analysts Journal in 2002 and 2010. Roger F. Murray First Prize for Research Presented at the Q Group Conference in 2012, 2021, 2023. Harry M. Markowitz Award for Best Paper in the Journal of Investment Management in 2022, 2023. Doriot Award for Best Private Equity Research Paper in 2022.