U.S. Inflation Slows to 2.1% Despite New Tariffs

The US Department of Commerce reports inflation fell to 2.1% in April 2025, down from 2.3% in March. Analysts forecasted 2.2%, but the Personal Consumption Expenditures (PCE) index dropped more than expected. Media predictions of tariff-driven price surges prove inaccurate so far. Core PCE, excluding food and energy, rose 2.5%, below the expected 2.6%. Monthly […]