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April consumer price index report shows inflation dropped to slowest pace since 2021
According to the Bureau of Labor Statistics, inflation rose by 2.3% year over year and 0.2% month over month in April, the slowest pace since 2021. NBC News’ Brian Cheung and Investopedia’s editor-in-chief Caleb Silver break down the latest economic numbers.
Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
The euphoria over the US-China trade truce began to fade as investors digested the latest reading on consumer prices.
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