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Inflation unexpectedly cooled in April despite Trump's big tariffs announcement
businessinsider.com/inflation-april-cpi-consumer-price-index-federal-reserve-interest-rates-2025-5
The Bureau of Labor Statistics published new consumer price index data on Tuesday.
FREDERIC J. BROWN/AFP via Getty Images
The inflation rate unexpectedly cooled in April to 2.3% from March's 2.4% year over year.
The year-over-year increase is the smallest since 2021.
The Fed held…
This story appeared on businessinsider.com, 2025-05-13 12:33:18.