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Mild April Inflation Captures Early Stages of Tariff Effects
Inflation was relatively mild in April, but economists said tariffs will end a recent lull and push up more prices in the coming months. The consumer-price index rose a seasonally adjusted 0.2% in April,
Annual inflation rate in April hits lowest level since 2021, but still higher than Fed's goal
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Lower food prices tame US consumer inflation in April, tariffs squeeze awaited
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs.
Inflation Moderates in April on Lower Gas, Grocery Prices
The improvement in inflation comes as President Donald Trump secures a couple of important trade deals. Consumer prices rose less than expected in April, with the pace of annual inflation falling to its lowest level since early 2021, the Bureau of Labor Statistics reported on Tuesday.
April Inflation Inched Close to 2% Target. That Was Likely the Low Point This Year.
Inflation slowed to the lowest point in four years last month, but progress in reining it in will likely end there as higher tariffs start to push up the cost of consumer goods. The consumer price index climbed 2.
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Here's the inflation breakdown for April 2025 — in one chart
Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.
Surprising April inflation numbers send markets reeling
The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.
Housing Inflation Proved Stubborn, Helping Drive April Inflation
Shelter costs, the consumer price index’s measure of how much people pay for housing, were up again last month. The sector, a persistently inflationary category, is proving a headache for economists and Fed officials looking to rein in price growth.
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