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Investor's Business Daily on MSNCPI Inflation Dips, But These Prices Jumped On Trump Tariffs; S&P 500 Rises (Live Coverage)T oday's consumer price index data for April came in below estimates, even as Trump tariffs ramped up. The inflation pictures ...
Core inflation — which strips out energy and food prices, which can be volatile categories — was at 2.8% in April. "I think ...
"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.
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