CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.

Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel and used cars and trucks.

The April index for bread was 241, up 1.6% from March and up 1.9% from a year ago. Under this heading, the CPI for white bread was 435.2, up 1.5% from March and up 1.6% from April 2024. For bread other than white, the index was 470, up 1.7% from March and up 1.9% from a year ago.

The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.

Eggs saw their sharpest monthly price drop in 40 years, while wages and personal finance conditions improve in Trump’s economy.

The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report