Inflation eased to 4-year low
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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:
Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
If you haven't seen the latest inflation data, the general idea is that prices are rising more slowly than expected. Not only is this the lowest inflation figure since early 2021, but it was one-tenth of a percentage point lower than economists had expected.
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
On a month-to-month basis, inflation bounced back in April, driven by core services and to a lesser extent by utility natural gas and electricity. Click to read.
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The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.
Inflation slowed to the lowest point in four years last month, but progress in reining it in will likely end there as higher tariffs start to push up the cost of consumer goods. The consumer price index climbed 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.