American inflation decreases to 2.3 % in April

Open the newsletter to watch the White House for free

Your guide to what the second period of Trump means to Washington, business and the world

Inflation in the United States fell to 2.3 percent in April, the month imposed by Donald Trump on his global tariff, as the US President maintains pressure on the federal reserve to reduce interest rates.

The annual consumer price index number was on Tuesday from the work statistics office less than the expectations of the analysts included in Bloomberg. Economic inflation It will remain at a rate of 2.4 percent in March.

Although Trump has reduced a lot of Definitions He announced on April 2 – including this week with China – economists warn that most of the impact of import duties has not yet been felt, as federal reserve officials expected an increase in price pressures.

Yale’s budget laboratory, a university research organization, said on Monday that due to the customs tariff, the ordinary American consumer will pay $ 2,800 for products this year more than 2024.

the feedingWhich kept rates in the range of 4.25 percent to 4.5 percent for a period of six months, the following meets in June.

Trump pressed Jay Powell to reduce borrowing costs, adding last week that dealing with the Federal Reserve was like “Speaking to the Wall”.

After issuing data, American stock futures increased, as the S& P 500 contracts are followed by 0.2 percent. Revenue on the cabinet has not changed slightly after the numbers.

The BLS team said the basic inflation rate, which excludes changes in the price of food and energy products, remained 2.8 percent in April.

The goal of the Federal Reserve’s favorite inflation is not the consumer price index but the expenses of personal consumption, which decreased to 2.3 percent in March, but remained over the goal of the central bank of 2 percent.