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The Guardian - US
The Guardian - US
Business
Lauren Aratani in New York

US monthly inflation rate slows amid Trump tariffs

Donald Trump Inflation United States Anxiety US Federal Reserve
a person pushes a grocery cart
People shop at a store in New York last month. Photograph: Spencer Platt/Getty Images

The pace of inflation slowed in April, the month that Donald Trump announced his sweeping “liberation day” tariffs on the US’s largest trading partners.

The annual inflation rate was 2.3% in April, down from an annual rate of 2.4% March, according to a new inflation report from the Bureau of Labor Statistics (BLS).

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