tyroneweaver
Diamond Member
U.S. Inflation Cooling Despite Hysteria Over Trump Tariffs.
A key measure of U.S. inflation slowed last month as consumer prices rose just 2.1 percent in April compared to the same time last year, according to the Commerce Department. This marks a decline from March’s figure of 2.3 percent and represents the lowest rate since September. Core prices, which exclude volatile food and energy categories, increased 2.5 percent year-over-year, down slightly from 2.6 percent in March.
The data indicates a continued decline in inflation from its post-pandemic peak in July 2022, which reached the highest levels in four decades.