US Inflation Eases Slightly in April, Providing Hope for Slowdown
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#5eb626c0 ver:1.01
US inflation eases slightly in April, providing hope for a slowdown. Consumer prices rose 0.3% from March to April, down from 0.4% the previous month. Year-over-year inflation ticked down from 3.5% to 3.4%. The report supports the Biden administration's messaging that the US economy has turned a corner. However, economists caution that one month of data is not enough to put inflation worries to rest. The Federal Reserve's inflation fight is gradually slowing down the US economy. #Inflation #US #Economy...
#newstr #UsInflation #BidenAdministration #UsEconomy #UsFederalReserve #InterestRates #PricePressures #GasolinePrices #HousingCosts #RentIncreases #ConsumerSentiment
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