"Federal Reserve mouthpiece": So far this year, only the core CPI in March was higher than the same period last year

Nick Timiraos, the "Fed mouthpiece", analyzes US inflation: Questions about remaining seasonality remain. Some say the mild trend in the second half of 2023 is an outlier and inflation has not yet been contained. Others say the hot data in the first quarter of 2024 is an outlier, interrupting a series of readings close to the inflation target that began last summer. Inflation has been close to pre-epidemic levels since April. So far this year, core inflation has been lower than the same period last year in every month except March.