Inflation eased to 4-year low
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Core inflation remained more or less unchanged last month, a setback for anyone hoping the Federal Reserve will move quickly to lower interest rates. Cuts are even less likely in the near term because the latest trade negotiations with China should reduce the threat of a U.
Inflation is getting closer to the Federal Reserve's 2% target.
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Cryptopolitan on MSNU.S. released a 2.3% adjusted CPI annual rate in April, the lowest since February 2021The U.S. Bureau of Labor Statistics has announced that the adjusted CPI annual rate in April was 2.3%, the lowest since February 2021 and lower than market expectations at 2.4%. The unadjusted core CPI annual rate in April was 2.8% and remained at the lowest level since March 2021.
Considering Tuesday’s inflation reading from the consumer-price index, or CPI, the Federal Reserve might not cut interest rates at all in 2025, according to Lazard’s Ronald Temple. “April is likely to
The annual inflation rate ticked down in April as the impact of Trump’s new ... s dramatic reshaping of US trade policy. Core inflation, which excludes volatile food and energy prices, was ...
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