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Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but ...
And the latest inflation report does not account for Trump’s so-called “reciprocal” tariffs – a 10% baseline tax on nearly all imports and much harsher rates on many nations – and his ...
Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession ...
Consumer inflation unexpectedly declined in March and ... Trump’s base tariff of 10% is to remain, along with some sector-specific levies, and the president is continuing his plan to lodge ...
How Trump’s oft-changing tariffs will impact inflation. Even after Trump’s 90-day tariff pause on the more than 10% tariffs on many non-China trade partners, the effective tariff rate will ...
Inflation slowed sharply in March ... day pause on ‘reciprocal’ tariffs for many countries, the imposing of a 10% across-the-board tariff on imports, and the hiking of China’s tariff ...