Apr. CPI assuages fears over tariff-related price jumps
Digest more
CPI: Inflation rose 0.2% in Apr., 2.3% on year
Digest more
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.
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
Remember that last month, core CPI crashed but Median CPI actually accelerated. This kept us from actively celebrating the great inflation news; we knew that the good news was concentrated in a few one offs.
Explore more
CPI report was lower than expected, bringing the annual headline increase to 2.3%, the smallest year-over-year gain since February 2021. Core inflation was equally muted, with the annual rate unchanged at 2.
The latest consumer-price index is expected to show prices rose 2.4% in the 12 months through April, the same rate as a month earlier. Check out below how inflation has tracked in recent years:
News that the U.S. and China have drastically reduced reciprocal tariffs for 90 days as they continue trade talks has already put a dent in rate-cut expectations.
CPI reveals easing inflation at 0.221% with core at 0.237%. Recession odds drop; stay updated on key macro data shaping Fed rate decisions. Click for more.