Inflation eased to 4-year low
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Inflation cooled again even
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Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
Americans saw some relief on inflation last month, though the trade war will likely push prices of everyday goods higher in the coming months. The consumer price index climbed 2.3% year over year in April,
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Take a look at how various financial markets have traded following the release of April’s consumer-price index: Treasury yields, the dollar, oil and gold.
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
Inflation slowed to the lowest point in four years last month, but progress in reining it in will likely end there as higher tariffs start to push up the cost of consumer goods. The consumer price index climbed 2.
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