US EditionUS Annual Inflation Rate Hits 2.3% in April, Lower Than Expected
- In April 2025, the US annual inflation rate rose by 2.3%, representing the smallest yearly increase seen in more than four years, as reported by the Labor Department.
- This decline followed months of uncertainty caused by the recent imposition of tariffs by the Trump administration, including a 90-day trade truce with China.
- Tariffs imposed include a 25% levy on imported steel and aluminum, along with a 10% broad tariff introduced April 5, both of which are gradually influencing prices on certain consumer products.
- While grocery prices fell 0.4% led by a 12.7% drop in egg prices, other sectors like furniture saw rises, and companies like Mattel and Stanley Black & Decker raised prices to offset duties.
- Economists expect inflation to increase in coming months as tariffs become more visible, potentially limiting growth and affecting hiring, while the Federal Reserve manages risks to inflation and unemployment.
201 Articles
201 Articles
US inflation slowed more than expected in April, despite price pressures from tariffs.
By Alicia Wallace, CNN US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump's sweeping tariff escalation is expected to send prices soaring. Consumer prices edged up 0.2% last month, bringing the annual inflation rate to 2.3%, below the 2.4% increase recorded in March, according to the latest Consumer Price Index data released Tuesday by the Bureau of Labor St…
OH STUFF IT: AP Desperately Tries to Shut Down Hype Over Good Inflation News for Trump
OH STUFF IT: AP Desperately Tries to Shut Down Hype Over Good Inflation News for Trump The Associated Press is feverishly trying to stoke doom and gloom on the heels of a welcome inflation report showing prices increasing less than expected. This, of course, is after the decrepit outlet spent the past four years attempting to put lipstick on the morbidly obese pig of President Joe Biden’s atrocious economy. “Inflation cooled again even as some…
Trump tariffs have little impact on prices so far, defying grim forecasts
Prices climbed at an unexpectedly slow pace last month, offering a boost to President Donald Trump, whose aggressive trade policies have sparked fears of a resurgence in inflation. The Labor Department on Tuesday reported that prices rose at an annual rate of 2.3 percent, the smallest increase since early 2021. While price growth in so-called core sectors of the economy — which exclude volatile food and energy costs — remained elevated at 2.8 pe…
'Positive Momentum': Inflation Hit a Four-Year Low in April. Here's What It Means for Interest Rate Cuts.
Annual inflation hit 2.3% in April, a four-year low, according to the latest CPI report. Here's what EY and Avantax experts say the data reveals about rate cuts.
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