CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.

Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months.

The Consumer Price Index (CPI) was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists’ expectations of 2.4% and the previous reading. The monthly gain was 0.

The April index for bread was 241, up 1.6% from March and up 1.9% from a year ago. Under this heading, the CPI for white bread was 435.2, up 1.5% from March and up 1.6% from April 2024. For bread other than white, the index was 470, up 1.7% from March and up 1.9% from a year ago.

The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.

Eggs saw their sharpest monthly price drop in 40 years, while wages and personal finance conditions improve in Trump’s economy.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Very compelling stories for asset re-allocation away from the US and the dollar may have to be paused temporarily – at least until we see how much this uncertainty has hit the hard data." "DXY broke through strong resistance at 100.