Inflation eased to 4-year low
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Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation.
Because it's based on third-quarter inflation, it's impossible to predict the 2026 COLA with any degree of accuracy. Because of the ongoing tariff back-and-forth, as well as a generally slowing U.S. economy, the inflation rate on the back end of the year is more uncertain than it usually is.
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.
CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.
While price growth has slowed, consumers now report significant levels of uncertainty and concerns about higher prices, thanks to tariffs.
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
You may see some price increases from tariffs in your shopping, but you won't see them in Wednesday's official report on inflation in April, forecasters say.
Chief executives of firms in the U.S. manufacturing and services sectors raised their expectations for what inflation would be over the next 12 months in Q2 2025, according to the latest Cleveland Fed's Survey of Firms' Inflation Expectation released on Monday.