US Annual Inflation Rate Hits 2.3% in April, Lower Than Expected
- The U.S. annual inflation rate rose 2.3% in April 2025, marking the smallest increase in over four years according to the Labor Department.
- This moderation follows a background of tariff implementations by the Trump administration, including 25% duties on steel, aluminum, and some imports, which have taken time to impact consumer prices.
- Core prices excluding volatile food and energy increased 2.8% year-over-year and 0.2% monthly, with notable price declines in airfares, hotels, and groceries partially easing inflationary pressures.
- Experts including Laura Rosner-Warburton said, "It's early days for tariff effects," while the Yale Budget Lab estimates tariffs will raise prices 1.7% and cost households about $2,800 this year.
- Despite current cooling, economists and business owners expect inflation to rise by summer as more price increases linked to tariffs and other factors emerge, posing challenges for the Federal Reserve’s 2% inflation target.
284 Articles
284 Articles
Bay Area prices rise at slowest pace in five years as inflation cools
Bay Area consumer prices rose in April at their smallest yearly pace in five years, according to a new report whose results contrast with dire prognostications from some experts about the impact of tariffs.
No inflation in america? Trump says so, but data says otherwise
U.S. consumer price inflation unexpectedly eased to 2.3 percent in April, from 2.4 percent in the previous month, data released Tuesday showed. Forecasts had called for the rate to remain unchanged at 2.4 percent in March. On a monthly basis, the consumer price index (CPI) rose 0.2 percent, after falling 0.1 percent in March. Monthly inflation also fell short of market expectations for a 0.3 percent increase in April. “The housing cost index ros…
April Inflation Report: Tariffs Didn't Hit As Hard, Inflation Hits 4-Year Low
Inflation eased in April, cooling to a four-year low, according to the Labor Department. The annual Consumer Price Index now stands at 2.3%, the lowest since February 2021.
Wolf Blitzer Hates Trump Inflation News So Much He Chokes Just Trying to Read It
You love to see that they hate to see it. As eagle-eyed stock-watchers will have heard by now, inflation numbers are looking pretty rosy, especially when compared to the heady […] The post Watch: Wolf Blitzer Hates Trump Inflation News So Much He Chokes Just Trying to Read It appeared first on The Western Journal.
Inflation has fallen further in this country last thanks to cheaper energy, but service prices, especially package travel and air tickets, increased because of later Easter holidays.
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