U.S. Released a 2.3% adjusted CPI annual rate in April, the lowest since February 2021

In April, the U.S. Adjusted CPI annual rate dropped to 2.3%, below the predicted 2.4%, indicating that inflation pressures from tariffs are not yet affecting consumer prices significantly.

The Federal Reserve held steady on interest rates due to uncertain tariff impacts, with predictions of potential cuts in July following favorable job data.