Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.

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.

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,

Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and groceries fell, but housing and eating at restaurants got more expensive. Inflation was slightly milder than forecasters had expected, before consumers faced the full brunt of President Donald Trump's import taxes.

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.