Mild Apr. Inflation Captures Early Stages of Tariff Effects
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After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased 0.2 percent last month.
Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
Americans saw some relief on inflation last month, though the trade war will likely push prices of everyday goods higher in the coming months. The consumer price index climbed 2.3% year over year in April,
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
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Explore how the VanEck Real Assets ETF thrives amid rising inflation and tariffs. Click here to find out why RAAX ETF is a Buy.
Inflation could rise this summer as tariffs are reflected in the data, forecasters say. The US tariff rate is high even after the latest deal with China.
Take a look at how various financial markets have traded following the release of April’s consumer-price index: Treasury yields, the dollar, oil and gold.