inflation, Consumer prices
Digest more
April’s consumer-price index report is the first to capture the aftermath of President Donald Trump’s ‘Liberation Day’ tariff announcements on April 2
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.
The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.
12h
AFP on MSNUS inflation cooled in April as Trump rolled out tariffsThe consumer price index (CPI) eased to 2.3 percent in April from a year ago, a tick below the 2.4 percent figure recorded in March, the Labor Department said in a statement.
Inflation picked up speed in April after declining in March, according to data released Tuesday by the Labor Department.