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CPI: Inflation rose 0.2% in Apr., 2.3% on year
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Inflation slows with headline CPI at +2.3% Y/Y, lowest since Feb 2021. Click for more on the data and what it may mean for the markets.
Live News on Inflation, Consumer Price Index
The consumer-price index showed inflation easing slightly to 2.3% in the 12 months through April. That marked the slowest annual rate since early 2021 and undershot expectations that it would remain at 2.
CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.
Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
CPI report was lower than expected, bringing the annual headline increase to 2.3%, the smallest year-over-year gain since February 2021. Core inflation was equally muted, with the annual rate unchanged at 2.
The latest consumer-price index is expected to show prices rose 2.4% in the 12 months through April, the same rate as a month earlier. Check out below how inflation has tracked in recent years:
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
Bitcoin price surges above $104K as April CPI cools to 2.3%, boosting Fed rate-cut bets and fueling bullish market sentiment. Bitcoin Rises Above $104K as
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