U.S. Inflation Dips To Lowest Level Since 2021
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Inflation is getting closer to the Federal Reserve's 2% target.
Here are the key points to know ahead of this morning's consumer-price index: This is the first CPI report that will capture the economic volatility sparked by President Trump's April 2 "Liberation Day" tariff announcements.
Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce and tomato prices both down by over 6%. Dried beans, peas and lentils, however, were up by nearly 6%, underscoring the volatile nature of food prices.
Inflation edges up slightly in April ... Excluding volatile food and energy prices, the “core” CPI rose 0.2% in April, following a 0.1% rise in March. Among the categories showing increases ...
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but consumer prices remained tame in Tuesdays
Inflation rose less than expected in April, as prices rose 2.3% over the ... and pushing the cost of energy up 0.7% over the month. "Core" prices, which exclude volatile prices for food and ...
Consumer prices likely rebounded in April as the first bite to Americans’ pocketbooks started to hit, economists say.
This week is jam-packed with several April economic indicators ... The week’s headline inflation indicators may be subdued by stable energy prices, while the core inflation rates are likely ...
2.4%) in the month of April. Supercore CPI ... Mills dives into the details of the inflation report and data on consumer prices. To watch more expert insights and analysis on the latest ...