Inflation in the United States Moderates More than Expected in April Despite Tariffs
4 Articles
4 Articles
Inflation in the United States slowed again in April, to +2.1% year-on-year, due to the fall in energy prices, according to the official PCE index published Friday and covering the period when the majority of the new customs duties came into effect.
Inflation moderated more than expected in April in the United States , according to the official CPE index, reference for the Fed, published on Friday and covering the period of implementation of most of Donald Trump’s new tariffs. The price index based on personal consumption expenditure (PCE), the metric that the Federal Reserve (Fed, US Central Bank) continues closer to deciding its monetary policy, rose 2.1% in the 12 months ended in April, …
U.S. inflation fell more than expected in April. Photo: Flickr White Hoise. The personal consumption spending price index (PCE), the preferred inflation indicator in the U.S. for the Federal Reserve (FED), recorded a decline in April, below market expectations. As reported by the Department of Commerce this Friday, the PCE increased just 0.1 percent per month, placing the annual inflation rate at 2.1 percent. The result would not seem to reflect…
Inflation in the United States moderated more than expected in April, according to the official CPE index published on Friday, which covers the period of implementation of most of the new tariffs imposed by President Donald Trump.The price index of spending on personal consumption (PCE), a metric closely followed by the Federal Reserve (Fed, central bank), rose 2.1% in the 12 months ended in April, the Commerce Department said in a statement.In …
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