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Inflation eased to a four-year low in April as the nascent impact of President Donald Trump ’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy.
Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other ...
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
The Core CPI gauge, which strips out food and energy ... chief US economist for Pantheon Macroeconomics. Prices for goods excluding food, energy and autos rose 0.2%, exceeding the past 12 months ...
April’s inflation cooled to 2.4%, partly due to Trump-era tariffs. Here’s how they unexpectedly helped curb prices.
If you haven't seen the latest inflation data, the general idea is that prices are rising more slowly than expected. Not only ...
The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.
The CPI was forecast to rise 2.4% last month ... chief economist with High Frequency Economics, said in a report. "The Fed can stand still on rate hikes and cuts based on this data while it ...
Goldman Sachs forecasts in its report that the overall CPI will rise 0.31% MoM, reflecting increases in food and energy prices (energy up 0.4% MoM, food up 0.3% MoM). The bank highlights four major ...
Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and ...
"There isn't a lot of evidence of tariffs boosting the CPI in April, but this shouldn't be surprising as it takes time," Oxford Economics chief US economist Ryan Sweet wrote in a note to clients.