President Donald Trump's claims about dropping egg prices might not have been completely misleading. The Consumer Price Index (CPI) report published by the US Bureau of Labor Statistics showed a massive decline in egg prices in April, at a whopping 12.7%.

Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

April's CPI report shows a 2.3% YoY inflation rate, the lowest in 4 years. Discover insights on disinflation, Fed policy, and upcoming PPI impacts. Click for more.

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:

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

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

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