From Investing.com: 2025-05-13 09:51:00

US CPI data for April came in slightly below expectations, with consumer prices rising by 0.2% m/m and 2.3% y/y. Core CPI also increased by 0.2% m/m and 2.8% y/y. Price declines were seen in groceries, airfares, lodging, and apparel, while shelter and energy prices rose. The impact of April’s tariffs is expected to be minimal for now, but inflationary effects could intensify in the future. USD/JPY is consolidating near 149.00, showing signs of bullish consolidation and potential for further upside movement. Resistance levels to watch are at 149.35 and 150.00, with support near 147.00.



Read more at Investing.com: April Inflation Print Undershoots Forecasts, Reinforces Fed Patience