CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.

Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel and used cars and trucks.

Consumer prices were up 2.3% in April from a year earlier, the Labor Department reported Tuesday.

It’s the lowest annual rate since February 2021, and the April data was slightly better than expected. Economists expected that the CPI would rise 0.3% from March and hold steady at 2.4% for the ...

Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.

The ex-shelter version of the CPI has increased by 2.3% or less for the past 24 months (since May 2023), and it has averaged a mere 1.7% per year for almost two years.

Eggs saw their sharpest monthly price drop in 40 years, while wages and personal finance conditions improve in Trump’s economy.

The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.