that is a bad thing. LMFAO
Turns out, if the federal government isn't throwing trillions of dollars to their donors and selves... CPI stays reasonable.
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April's Consumer Price Index (CPI) report showed inflation pressures eased on an annual basis in the first month that many of President Trump's tariffs were in effect.
The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.3% over the prior year in April, a slowdown from March's 2.4% and below economists' forecast for 2.4%. This marked the lowest annual increase since February 2021, before a large increase in inflation sparked a Federal Reserve interest rate hiking cycle.
On a month-over-month basis, prices increased 0.2%, lower than the 0.3% estimated by economists. Prices fell 0.1% on a monthly basis in March by comparison. A 0.3% rise in the index for shelter accounted for more than half of the all items increase, per the BLS.