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U.S. inflation fell to 2.3 percent in April, the month Donald Trump imposed his global rates, as the President of the United States maintains pressure on the federal reserve to reduce interest rates.
The annual Tuesday consumption prices of the Office of Labor Statistics was below the expectations of the analysts surveyed by Bloomberg which inflation It would remain at the rate of March 2.4 percent.
Although Trump has cut many of the rates It announced on April 2, including this week with China, economists warn that most of the import of import rights should still be heard, and Fed officials were expected to increase price pressure.
The Yale Budget Lab, a university research organization, said on Monday that, due to rates, the average US consumer would pay $ 2,800 more for products this year than in 2024.
It Feedwhich has kept the rates of 4.25 percent up to 4.5 percent during the six months, it meets in June.
Trump has increased on Jay Powell to reduce loan costs, adding last week to deal with Fed chair was like “talking to a wall.”
Following data release, North -American Future increased, with contracts that monitored S&P 500 to 0.2 percent. Treasury returns were changed shortly after figures.
The basic inflation rate, which excludes changes in the price of food and energy products, remained 2.8 percent in April, said the BLS.
The FED’s favorite inflation purpose is not the CPI, but the personal consumption costs, which fell to 2.3 percent in March, but remained above the goal of 2 % of the Central Bank.