["Fed's Mouthpiece": U.S. March Core CPI Slightly Below Expectations, Energy's Ripple Effects Likely Still Ahead] Reported by Golden Finance on April 10, Nick Timiraos, known as the "Fed's Mouthpiece," stated that the U.S. March core CPI came in slightly below expectations. However, data from a single month doesn't explain much. The Federal Reserve hopes to see energy prices decline (and gain more confidence that the tariff transmission effects have ended), and the ripple effects of energy (such as airfare and shipping prices) are more likely still ahead.