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business / economy6 months ago

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

https://www.cnbc.com/2025/05/30/inflation-rate-slipped-to-2point1percent-in-april-lower-than-expected-feds-preferred-gauge-shows.htmlhttps://finance.yahoo.com/news/feds-preferred-inflation-gauge-shows-price-increases-cooled-in-april-123353525.htmlhttps://www.foxbusiness.com/economy/april-2025-pce-inflation
Cnbc.com and 3 more
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows Open in Cnbc.com
Highlights
  • US inflation slowed to 2.1% in April, driven by lower energy prices and supply chain issues.
  • Consumer spending rose slightly, but savings hit a near-year high of 4.9%, showing cautious spending.
  • Rising tariffs and energy costs may cause inflation to rebound later this year, risking economic stability.

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References

Fed's preferred inflation gauge shows price increases cooled in April

https://finance.yahoo.com/news/feds-preferred-inflation-gauge-shows-price-increases-cooled-in-april-123353525.htmlFinance.yahoo.com

Fed's favored inflation gauge shows consumer prices eased in April

https://www.foxbusiness.com/economy/april-2025-pce-inflationFoxbusiness.com
Fed's favored inflation gauge shows consumer prices eased in April

Inflation rate slipped to 2.1% in April, lower than expected, Fed's preferred gauge shows

https://www.nbcnews.com/business/economy/inflation-rate-slipped-2point1-april-lower-expected-rcna210003Nbcnews.com

Related Topics

businesseconomyunited states of americainflationstabilityeconomicsupply chainsupplyeconomic stabilitystatesunitedstate

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