U.S. Inflation Dips To Lowest Level Since 2021 As Tariffs Loom

2025-05-15 02:50:00 ET

Summary

• The US CPI is rising at the slowest rate in more than four years, but economists believe consumers will soon see the effects of President Trump's tariffs.
• Core consumer price inflation increased 2.8% year-over-year, nearly unchanged from the annual growth a month before.
• If Trump's policies remain in force and expand - especially if China retaliates - the third quarter of 2025 could see the first real inflation pressure tied to tariffs.

The US consumer price index, the market's preferred measure of inflation, is rising at the slowest rate in more than four years, but economists believe consumers will soon see the effects of President Donald Trump's tariffs....

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