US inflation cooled to a 6-month low
Digest more
Top News
Overview
Impacts
Inflation slowed sharply in March, new data showed Thursday, and in any other timeline, such news would stoke optimism that Americans’ cost of living is no longer surging.
From CNN
U.S. wholesale prices fell last month in another sign that inflationary pressures are easing.
From seattlepi.com
The CPI fell largely in part to a decline in energy prices, which fell 2.4% in March, the BLS reported.
From IJR
Read more on News Digest
2hon MSN
Consumer sentiment fell sharply in April for the fourth straight month as the trade war has fueled worries about the health of the job market and inflation.
U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.
5hon MSN
The University of Michigan’s gauge of consumer sentiment fell to 50.8 in a preliminary April reading from 57.0 in the prior month. Economists polled by the Wall Street Journal had expected an April reading of 54.6.
Inflation slowed to 2.4% in the 12 months through March, as measured by the consumer-price index. That undershot the 2.6% forecast by economists polled by The Wall Street Journal. On a core basis, excluding volatile food and energy,
Explore more
The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.
8hon MSN
Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
Inflation just fell for the second consecutive month. Will mortgage interest rates fall now, too? Here's what to know.