US Annual Inflation Rate Hits 2.3% in April, Lower Than Expected
- The U.S. Annual inflation rate rose 2.3% in April 2025, down from 2.4% in March, marking the smallest increase in over four years.
- This cooling trend followed a 0.1% price drop in February and March, partly due to tariffs imposed by the Trump administration affecting some sectors.
- April saw modest monthly price increases overall, with grocery prices falling 0.4% driven by a 12.7% drop in egg prices, while furniture costs rose 1.5%.
- Average tariffs reached about 18%, the highest in roughly 90 years, with companies like Mattel and Stanley Black & Decker raising prices to offset tariffs.
- Economists expect inflation to rise in coming months as tariff impacts materialize, placing the Federal Reserve in a challenging position amid trade uncertainties.
175 Articles
175 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…
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.
NEW: Inflation Cools In April, Crushing Dems' Trump Narrative
The nation’s inflation cooled in April, undercutting a central argument by Democrats that President Donald Trump’s frenetic tariffs would rock the economy and raise prices for Americans. Year-over-year inflation fell to 2.3% in April, below the 2.4% expected by economists and also lower than the March rate. Analysts interpreted the results as good news primarily because it wasn’t bad news, especially given the volatility with which President Tru…
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