Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.

Stocks were set to edge higher on Wednesday, having racked up solid gains the previous session thanks to a cooler-than-expected inflation reading and news of artificial intelligence investments from Saudi Arabia.

The improvement in inflation comes as President Donald Trump secures a couple of important trade deals. Consumer prices rose less than expected in April, with the pace of annual inflation falling to its lowest level since early 2021, the Bureau of Labor Statistics reported on Tuesday.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.

Rising rent prices were a major factor pushing up consumer prices in April. While they’re expected to come down in the months ahead as the U.S. economy slows, the path ahead will be bumpy, according to data from real-estate companies.