Inflation eases slightly in April, remains above 3%

US consumer inflation eases slightly in April, sending stocks higher

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

U.S. consumer inflation eased slightly in April

WASHINGTON, Philippines — US consumer inflation eased slightly last month, according to government data published Wednesday, in a positive sign for President Joe Biden ahead of November’s election. The data supports his administration’s messaging that the US economy has turned a corner, as it looks to quell consumers’ concerns about the impact of rising prices

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.

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

Inflation eases slightly in April, remains above 3%

ST. PETERSBURG, Fla. (NewsNation) — Prices rose 3.4% year-over-year in April, according to the latest Consumer Price Index report. It's slightly lower than March, but still above the 2% target. Even though inflation has fallen since its peak of 9.1% in June of 2022, Americans are still grappling with everyday costs. From the grocery store to the gas station, budgets are getting tighter across America as the inflation cooldown in 2023 appears to…

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…