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Inflation rate rose by 2.3% in April, CPI report shows. Here's what the data means.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
What the April Inflation Report Means for the Fed
The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from ...
Business Insider3d
Inflation unexpectedly cooled in April despite Trump's big tariffs announcement
Inflation unexpectedly slowed in April to 2.3% over the year, progressing toward the Federal Reserve's 2 ... for three consecutive months. The consumer price index increased 0.2% in April ...
Fed still likely to play 'wait and see' on rates amid tariff inflation uncertainty
Investors are betting that the Federal Reserve is likely to keep interest rates on hold in the near term following another inflation reading that didn’t make things any easier for the central bank.
Yahoo Finance3d
Consumer prices rise at slowest annual pace since February 2021
April's Consumer Price Index (CPI ... a large increase in inflation sparked a Federal Reserve interest rate hiking cycle. On a month-over-month basis, prices increased 0.2%, lower than the ...
Prices for goods and services increased .2% last month, federal agency says
Prices paid by consumers for goods and services increased .2% in April, the U.S. Bureau of Labor Statistics has announced.