inflation, tariffs and consumer price index
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Reuters |
U.S. consumer prices unexpectedly fell in March amid cheaper gasoline and used motor vehicles, but the benign inflation reading is unlikely to be sustained after President Donald Trump doubled down on...
Inc |
Inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
CNN |
Core CPI, which strips out food and energy, rose just 0.1% for the month, resulting in a rate of 2.8% for the 12 months ended in March, marking a sharp slowdown from 3.1% in February.
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Inflation sees rare decline: In March, the Consumer Price Index (CPI) fell by 0.1%—the first monthly decline in inflation in five years. This drop was mainly driven by a 6.3% decrease in gasoline prices.
1don MSN
Inflation slowed dramatically in March, even though Trump had warned he'd be imposing additional tariffs.
“I think it’s a fair criticism that we could have acted earlier,” James Bullard, who served as president of the Federal Reserve Bank of St. Louis from 2008 to 2023, told CNN in an interview late last ... inflation expectations in the next 5 to 10 ...
10 Inflation 8 6 ... s unexpectedly large increase in January, rose again, but at a much slower pace of 0.3 percent. It is up just over 11 percent over the past year. Housing-related costs ...
According to the consumer price index, prices for goods and services increased by 0.2% during February, resulting in a 2.8% year-over-year increase ... inflation figures "very good news." Over the ...