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BREAKING: U.S. Inflation Falls to 2.3% in April, Lowest Since 2021

By: coindoo|2025/05/13 20:45:04
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The reading beat economists’ forecasts and strengthens the case for potential Fed rate cuts later this year.Key Highlights:Shelter costs rose 0.3%, contributing more than half of the monthly CPI gain.Energy prices increased 0.7%, driven by higher natural gas and electricity costs.Food prices declined 0.1%, with a notable 0.4% drop in groceries.Core inflation (excluding food and energy) rose 0.2% month-over-month and 2.8% year-over-year.Several major categories saw price declines, including airfare, used vehicles, apparel, and communication services, indicating easing cost pressures across discretionary and durable goods.This report marks a turning point for inflation watchers and bolsters market optimism around a more dovish Fed stance, especially amid growing political and economic pressure to stimulate growth.The post BREAKING: U.S. Inflation Falls to 2.3% in April, Lowest Since 2021 appeared first on Coindoo.

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