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Kiplinger
Kiplinger
Business
Karee Venema

April CPI Keeps Fed Rate Cuts on Hold for Now: What the Experts Say

US Federal Reserve Inflation Donald Trump Jason Pride Interest Rates
Gold dollar-sign balloon being inflated by a bike tire pump with a teal background.

The latest Consumer Price Index (CPI) report showed inflation rose less than expected in April, encouraging news for those worried about the impact of President Donald Trump's tariffs on price growth.

According to the Bureau of Labor Statistics, headline CPI rose 0.2% month over month in April, faster than March's 0.1% decline and in line with economists' projections.

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