US inflation rate eases to 2.4% in March, lower than expected
- The Labor Department released data Thursday showing March consumer prices declined 0.1% and rose 2.4% year-over-year.
- Economists anticipated the Fed's January easing pause, as officials assessed White House policy impacts.
- Core CPI inflation, excluding food and energy, slowed to 2.8% annually, the lowest since March 2021.
- Economist Sarah House noted that March CPI data will feel dated, yet it should illuminate the changing trade environment's pricing effects.
- Trump's tariff policies, including pauses and increases, could drive consumer prices up, impacting inflation and growth.
269 Articles
269 Articles
Inflation Might Be Easing But Tech Outlook Still Choppy, Analysts Warn - Apple (NASDAQ:AAPL)
According to data released Thursday by the Bureau of Labor Statistics, the annual inflation rate fell to 2.4% in March, the lowest level in six months, down from 2.8% in February and below economist expectations of 2.6%. On a monthly basis, the Consumer Price Index contracted by 0.1%, slowing from the 0.2% increase seen the previous month and below expectations of a 0.1% increase. It marks the lowest monthly inflation reading since May 2020. Wed…
As Producer And Consumer Prices Fall, Is Inflation Finally In The Rear-View Mirror?
By Robert Romano Producer prices dropped 0.4 percent in March, following consumer prices dropping 0.1 percent, according to the latest data from the Bureau of Labor Statistics, amid continued drops in food and energy prices, particularly on the producer side, which saw 2.1 percent and 4 percent drops, respectively. These price drops came prior to President Donald Trump’s April announcements of reciprocal tariffs (now paused) and 10 percent tarif…
Trump Economy: First Drop In Consumer Prices In Several Years
Yesterday’s Consumer Price Index report revealed inflation fell to 2.4% in March, smashing expectations for the second straight month, posting the first drop in consumer prices in several years.Even CNN was forced to admit, “This was actually a DROP of .1% — that's the first time we've seen that since COVID. Year-over-year, the annual inflation rate was at 2.4%. This was also better than expected and a six-month low, moving in the right directio…
Just in Time for Tariffs, Consumer Prices Finally Drop
Hey Jerome Powell, we think we can finally say: Mission accomplished. Unfortunately, your next mission is already here and, should you choose to accept, it may prove impossible. Thursday delivered the latest consumer price index report, which showed that inflation didn’t just cool in the month of March, but rather that consumer prices actually decreased. Unfortunately, the report captures the last moment in time before the White House’s “Liberat…
IT’S (D)IFFERENT: Legacy News Barely Covers Positive Inflation Report
IT’S (D)IFFERENT: Legacy News Barely Covers Positive Inflation Report An inflation report coming in lower than expected with a coe inflation number under 3 for the first time since the pandemic would have drawn elated A-block coverage across the “legacy” evening news. But a similar report at the outset of Trump II? Not so much. Here’s how the inflation report was discussed on the NBC Nightly News: IT'S (D)IFFERENT: The better-than-forecast inf…
President Trump Promised to Tackle Inflation, March Numbers Confirm It
Consumer prices fell 0.1% in March, defying predictions that President Trump’s tariffs would spike inflation. It’s the first monthly drop since 2021 and only the second since Biden-era inflation took off. Looks like Trump’s economic critics might need to recalculate. He said he would bring them down, and this is just the beginning. “Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all good…
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