Inflation, April
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Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.
17hon MSN
Consumer prices rose again in April after a rare decline in the prior month, leaving inflation above the Federal Reserve’s 2% target as households and businesses grappled with the fallout from the Trump trade wars.
Americans saw some relief on inflation last month, though the trade war will likely push prices of everyday goods higher in the coming months. The consumer price index climbed 2.3% year over year in April,
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
BERLIN (Reuters) -German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.3% year-on-year in March.
Hartford Inflation Plus Fund (I Share) underperformed the Bloomberg US TIPS 1-10 Year Index during the quarter. Read more here.