
Inflation slowed more than expected in April, despite tariff-related price pressures building
By Alicia Wallace, CNN (CNN) — US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise. Consumer prices rose 0.2% last month, bringing the annual inflation rate to 2.3%, an unexpectedly
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