US inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

WASHINGTON (AP) — A key indicator of inflation in the U.S. slowed down last month because President Donald Trump’s tariffs still don’t raise prices noticeably, while U.S. revenue...

U.S. Inflation Slows to 2.1% Despite New Tariffs

The US Department of Commerce reports inflation fell to 2.1% in April 2025, down from 2.3% in March. Analysts forecasted 2.2%, but the Personal Consumption Expenditures (PCE) index dropped more than expected. Media predictions of tariff-driven price surges prove inaccurate so far. Core PCE, excluding food and energy, rose 2.5%, below the expected 2.6%. Monthly […]

By Alicia Wallace, CNN US consumers moderated their spending in April after a tariff-fueled buying spree the previous month, according to new data released Friday, which also showed a slowdown in inflation. Friday's Commerce Department report showed consumer spending rose 0.2% last month, a smaller-than-expected figure but a notable pullback from the 0.7% increase in March, as Americans moved up purchases—particularly for new cars—in anticipatio…

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

US Consumers Hit the Brakes While Goods Imports Plunged in April

(Bloomberg) — US consumers hit the brakes in April while goods imports plummeted by a record as companies adjusted to higher tariffs.

U.S. consumer spending slows in April, inflation rises moderately

Rises 0.2% last month after a revised 0.7% jump in March on pre-emptive buying ahead of Trump’s import tariffs