U.S. April CPI Cools to 2.3% But Remains Above Fed…
From Financial Modeling Prep: 2025-05-14 02:51:00
U.S. consumer prices rose 2.3% year-on-year in April, the slowest since February 2021 but above the Fed’s 2% goal. Markets await Fed guidance amid recent tariff adjustments. Shelter costs drove over half of the monthly increase, with energy, medical care, and furniture prices also rising.
Shelter costs contributed over half of the monthly increase, while energy, medical care, and furniture prices also rose. These figures cover the period spanning the introduction of elevated “reciprocal” tariffs and a subsequent pause on most duties.
Stocks rallied on news of temporary U.S. and Chinese tariff reductions, easing trade tensions. Fed Chair Powell’s cautious stance emphasizes monitoring economic resilience and inflation dynamics. Investors await policy signals and key economic data releases.
The future of interest rates depends on inflation trends. Investors will closely watch upcoming indicators like CPI and PPI data. Access real-time schedules for these critical macroeconomic events through the Economics Calendar API for timely updates.
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