CPI: Inflation rose 0.2% in Apr., 2.3% on year
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Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel and used cars and trucks.
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Investor's Business Daily on MSNCPI Inflation Dips, But These Prices Jumped On Trump Tariffs; S&P 500 Rises (Live Coverage)T oday's consumer price index data for April came in below estimates, even as Trump tariffs ramped up. The inflation pictures is a bit less crucial for markets than it would have
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.
Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
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Ethereum (ETH) saw a quick rebound on Tuesday, rising 9% following a soft April Consumer Price Index (CPI) reading in the United States (US). The top altcoin bounced off the $2,400 level and stretched its weekly gains to 50% as it continues to see sustained demand, with more analysts predicting a rotation from BTC toward ETH.