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'We don't know what's around the corner': Inflation cools slightly, but Trump tariffs remain
April saw inflation cool slightly to 2.3%, its lowest in four years. But the impact of tariffs still looms over businesses nationwide, with many frantically buying products before a temporary truce between the U.
The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, a much softer reading ...
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Food inflation in April tapered by 20 bps to 2.8%. Downward pressure came from cereals, meat, and dairy products; offset by a ...
Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
WPI dropped sharply to 0.85 percent in April from 2.05 percent in March, marking its lowest level in over a year.
The US Fed decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on Wednesday, May 7.
U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the coming months as tariffs boost ...
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
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