Published 2 months ago

Inflation eases slightly in April, remains above 3%

Prices rose 3.4% in April compared to the previous year, slightly lower than March's 3.5%, per Bureau of Labor Statistics data.
Housing costs remain a significant factor in the price increase.
The Federal Reserve is addressing surprising inflation figures and intends to maintain high rates until inflation returns to their 2% target.

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Channel News Asia

US consumer inflation eases slightly in April, in good news for Biden

WASHINGTON: US consumer inflation eased slightly last month, according to US government data published Wednesday (May 15), a positive sign for President Joe Biden ahead of November's election. The data supports the Biden administration's messaging that the US economy has turned a corner, as it looks to que

2 months ago·Singapore

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RTÉ

US consumer inflation eases slightly in April

US consumer inflation eased slightly last month, according to US government data published today, a positive sign for President Joe Biden ahead of November's election.

2 months ago·Ireland

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Los Angeles Times

Inflation improves slightly in April, but high cost of housing remains a big obstacle

The latest report from the Bureau of Labor Statistics isn't likely to lift the grim mood that much of the public has toward an otherwise solid economy.

2 months ago·Los Angeles, United States

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The Epoch Times

US Inflation Eases Slightly, Boosting Hope for Rate Cuts

The annual inflation rate eased in April for the first time since January as shelter and gasoline costs contributed to price pressures, according to the Bureau of Labor Statistics. Last month, the consumer price index slowed to 3.4 percent, down from 3.5 percent in March. This was in line with market estimates. The CPI rose 0.3 percent monthly, down from 0.4 percent in the previous month and below the consensus forecast of 0.4 percent. Core infl…

2 months ago·New York, United States

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Raw Story

U.S. consumer inflation eases slightly in April, in good news for Biden

U.S. consumer inflation eased slightly last month, according to US government data published Wednesday, a positive sign for President Joe Biden ahead of November's election.The data supports the Biden administration's messaging that the US economy has turned a corner, as it looks to quell consumers'...

2 months ago·United States

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