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.

S&P500 and Dow slip as Walmart warns of price hikes from tariffs. Weak producer inflation data and mixed retail sales cloud US stock market forecast today.

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.

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.

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

Seven of the Commerce Department data report’s 13 categories posted decreases, also restrained by apparel — another good which is largely imported — as well as gasoline.

At the time of writing, NZD/USD is down 0.43% at 0.587, as markets assess New Zealand’s latest fiscal policy announcement, softer US inflation data, and comments from Federal Reserve (Fed) Chair Jerome Powell.

XRP price outlook brightens as Ripple’s Monica Long forecasts surging adoption amid shifting US crypto sentiment.