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

The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Inflation rose slightly less than expected in April despite the arrival of President Donald Trump's sweeping international tariffs early in the month, according to a Bureau of Labor Statistics report on Tuesday.

Consumer Price Index: +0.2% vs. +0.3% consensus and -0.1% prior, according to data released by the Bureau of Labor Statistics on Tuesday.

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

The April CPI rose 0.2%, according to the Bureau of Labor Statistics. That's less than economist forecasts for 0.3%, though up from -0.1% in March. On a year-over-year basis, CPI was higher by 2.3%, the slowest amount since February 2021. Forecasts had been for 2.4% and March's pace was 2.4%.

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.

Inflation eased to a four-year low in April as the nascent impact of President Donald Trump ’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy.

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.

JERUSALEM (Reuters) -Israel's annual inflation rate rose unexpectedly in April to 3.6%, according to data on Thursday from the Central Bureau of Statistics that will likely keep policymakers from reducing interest rates soon.

U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs.