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US Inflation Rate Cools

  • A key U.S. inflation gauge showed slowing growth in April 2025 as consumer prices rose 2.1% annually, the lowest since September.
  • This deceleration follows a post-pandemic inflation spike that peaked at a four-decade high in July 2022, with current declines under close Fed review.
  • Core prices excluding food and energy rose 2.5%, down from 2.7% in March, while consumer spending slowed despite incomes rising 0.8%, above forecasts.
  • Economic experts note that President Trump's tariffs on imports from over 50 countries remain in legal dispute after a May 28 ruling struck most tariffs down but allowed some duties to stay.
  • The uncertain timing and impact of these tariffs mean inflation effects could yet appear, and the Federal Reserve supports steady interest rates amid ongoing inflation declines.
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27 Articles

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The Billings GazetteThe Billings Gazette
+4 Reposted by 4other sources
Center

US inflation rate cools

WASHINGTON — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

·Billings, United States
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Beatrice Daily SunBeatrice Daily Sun
+6 Reposted by 6other sources
Center

Annual inflation cools from March to April

WASHINGTON — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

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Fox Business broke the news in United States on Friday, May 30, 2025.
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