Tag: inflation

  • Inflation Hits Four-Year Low as Trump Tariffs Take Effect: CPI Report

    Inflation Hits Four-Year Low as Trump Tariffs Take Effect: CPI Report

    Inflation Eased to a Four-Year Low in April Amidst Tariff Uncertainty The consumer price index reported by the Labor Department shows that overall prices rose by 2.3% compared to the previous year, down from a 2.4% increase in March. This moderation in inflation is significant as it remains above the Federal Reserve’s target rate of…