US EditionUS 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.
268 Articles
268 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…
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…
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