Apr. inflation rose slightly
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At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.
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Don’t get used to the decline in the U.S. rate of inflation to a four-year low. Inflation will probably rise, at least temporarily, even after the Trump administration reduced high tariffs.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
Over the course of April, President Donald Trump imposed large tariffs on goods from every country in the world, pushing America’s average levy on imports to its highest level in roughly a century.
Federal Reserve Vice Chair Philip Jefferson said tariffs and related uncertainty could slow growth and boost inflation this year, but monetary policy is well positioned to respond as needed.
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Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.
The improvement in inflation comes as President Donald Trump secures a couple of important trade deals. Consumer prices rose less than expected in April, with the pace of annual inflation falling to its lowest level since early 2021, the Bureau of Labor Statistics reported on Tuesday.
Donald Trump is pressuring the Federal Reserve to cut interest rates following a favorable inflation report, arguing that the current base rate is too high with a modest 2.3% annual CPI increase. However,
These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.