The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from March, according to Bureau of Labor Statistics data out Tuesday. Compared with April of last year, the core CPI rose 2.8%, unchanged from the prior month. The overall CPI advanced 0.2%, and climbed 2.3% on an annual basis.

Inflation could rise this summer as tariffs are reflected in the data, forecasters say. The US tariff rate is high even after the latest deal with China.

DXY extends Tuesday’s CPI-driven slide, falling to 100.58. Weaker inflation data fuels Fed rate cut bets and adds pressure to the U.S. dollar.

S&P 500 futures were down 0.2 percent, Nasdaq-100 futures dropped 0.1 percent, and Dow Jones Industrial Average futures declined 154 points, or nearly 0.4 percent. The pullback followed three days of gains as markets responded to a temporary easing in the US–China tariff dispute.

Bitcoin slips below $102K as crypto markets eye US PPI and jobless claims data, which are key indicators for inflation and economic strength.

US inflation came in softer than forecast for a third straight month in April with the consumer price index increasing 0.2% from March. The core CPI rose 2.8%, compared with April of last year, unchanged from the prior month.

US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days.

WASHINGTON] US retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and households pulled back on other spending against the backdrop of an uncertain economic outlook.

The company now expects second-quarter net revenues in the range of $80 million to $85 million, compared with analysts' average estimate of $93.5 million, according to data compiled by LSEG. Beyond Meat had earlier forecast annual net revenue of $320 million to $335 million.

After weakening against its major rivals on Tuesday, the US Dollar struggled to find demand in the first half of the day on Wednesday. Later in the American session, improving risk mood helped the USD stage a rebound, causing EUR/USD to erase its daily gains.