CPI: Inflation rose 0.2% in Apr., 2.3% on year
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The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.
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.
Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
News that the U.S. and China have drastically reduced reciprocal tariffs for 90 days as they continue trade talks has already put a dent in rate-cut expectations.
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.
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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:
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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Press Trust of India on MSNCPI(M) MP Brittas claims mismatch in COVID death figures citing recent CRS reportNew Delhi, CPI MP John Brittas on Wednesday wrote to Health Minister JP Nadda claiming there is a mismatch between the official COVID-19 death toll and the figures according to the recently-released Civil Registration System data.
Today’s inflation report was a positive one for Wall Street—but professional investors say it is too soon to gauge how President Trump’s trade policy has impacted prices. “Bottom l
CPI(M) general secretary M A Baby urges the NDA government to hold a special parliamentary session to address the unresolved issues surrounding the Pahalgam terror attack. He challenges the Union Home Ministry's claims of controlled terrorism in Jammu and Kashmir and questions U.