U.S. March CPI: 3.3% YoY, 0.9% MoM

Year-over-year CPI rose to 3.3%, month-over-month 0.9%. Energy climbed 10.9%, with gasoline alone up 21.2%, explaining roughly 75% of monthly inflation. Core CPI remained anchored at 0.2% MoM and 2.6% YoY.