US Inflation Eases in April, But Core Prices Remain Stubbornly High
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#5eb626c0 ver:1.11
US inflation eases in April, with consumer prices rising 0.3% from March to April. Year-over-year inflation ticks down to 3.4%. Core inflation, excluding food and energy costs, falls to lowest level in three years. Good news for shoppers as prices are rising but not as sharply as before. Economy appears stable, but caution needed as credit card delinquency rates rise. Federal Reserve may consider cutting interest rates later this year if inflation continues to moderate. #inflation #economy #interestrates...
#newstr #UsInflation #ConsumerPrices #FederalReserve
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