Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Business

Inflation Rate Slipped To 2.1% In April, Lower Than Expected, Fed’s Preferred Gauge Shows

By CNBC

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Feder ...Read more