CPI Inflation Report: Gasoline Prices Surging — Trouble Ahead

Published: 2026-03-11
Status: Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Prediction
Topic
Status
The CPI inflation report for March (due next month, April 2026) will be 'ugly' (higher) due to rising energy prices, specifically gasoline prices which are up 16% year-over-year.
"the CPI inflation report for March that's going to be due next month because of the higher energy prices. So I just want to give you a preview of what's to come. And here are the stats. As of today, in the US, the national average for a gallon of gasoline is at $3.58. Yesterday, it was at $3.54. A week ago, it was at $3.20. A month ago in February, it was at $2.94. And when you compare year-over-year, it was at $38. That's 16% higher compared to last year. So, I'm telling you that the next report for March, it's going to be ugly."
CPI Inflation Report (March)
Pending
Diesel fuel prices are up 33% year-over-year as of March 11, 2026.
"So, diesel is at $4.83 a gallon right now. Last month, it was at $3.67. Last year, it was at $363. So, when you compare February of this year to last year, it was basically flat. No inflation there. But if you compare today compared to last year, that is a 33% increase year-over-year."
Diesel Fuel Price
Pending
Inflation for March 2026 will be 'ugly' (high).
"So listen, I'm just warning you that March is going to be ugly."
Inflation (March)
Pending
If the situation in the Gulf continues, inflation in April 2026 will be 'even uglier' (higher than March) as businesses fully pass on costs to consumers.
"So if this thing drags on in the Gulf, then April is going to be even uglier as the costs get fully or more pushed down from the businesses to the consumers."
Inflation (April)
Pending
The Federal Reserve will not cut interest rates at its March 18, 2026 meeting.
"The market expectation is clearly no rate cut in March. And I completely I completely agree with the the March expectation."
Federal Reserve Interest Rates (March 2026)
Pending
The Federal Reserve will not cut interest rates at its April 29, 2026 meeting (87.3% probability).
"The next Federal Reserve meeting is going to be on April 29th. And here were the odds of a rate cut before the CPI inflation reports. An 87.1% chance that they're not going to cut interest rates in April either. And here are the odds after the CPI inflation reports. So it barely moved. The odds that they will not cuts at that meeting changed from 87.1% to 87.3%."
Federal Reserve Interest Rates (April 2026)
Pending
If the 'special military operation' (referring to the Gulf situation) does not deescalate, inflation will rise in March, April, and May 2026.
"And if this special military operation does not deescalate or terminate soon, then you're going to have rising inflation in March, in April, in May."
Inflation (March, April, May)
Pending
An interest rate cut by the Federal Reserve in June 2026 is still possible, despite rising inflation, as they could use various excuses to justify it.
"But I'll tell you that this is my honest assessment that I wouldn't rule out an interest rate cut off the table in June. And here's why. Just think about it. It's very straightforward. They could always come up with lame excuses to cut interest rates in the face of rising inflation."
Federal Reserve Interest Rates (June 2026)
Pending