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2024-05-15 15:17:12
Inflation
Business
Economy

US Inflation Moderates to 3.4% in April, Federal Reserve Struggles to Reach Target

In April, US inflation slightly receded to a 3.4% annual rate, below the previous month's level. Despite efforts by the Federal Reserve to curb inflation to 2%, price increases have remained persistently high, complicating potential rate adjustments.

Economists anticipate a gradual easing of inflation pressures this quarter, as prices are expected to move closer to the targeted 2% mark. The focus is on core inflation, excluding volatile food and energy prices, to gauge the true inflation trend essential for Federal Reserve decisions.

The latest data indicates a positive market response, with Bitcoin surging to $63,700 following the report release, amidst lower-than-expected CPI figures.

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World news | The Guardian
15. Mai 2024 um 13:19

US inflation at 3.4% in April, dropping slightly from previous month

Economy
Politics
US inflation eased slightly in April with the consumer price index rising at an annual rate of 3.4%, down from the previous month. The Federal Reserve has been trying to bring down inflation to 2%, but price gains have remained stubbornly high, hindering rate cuts.
EL PAÍS Edición Argentina: el periódico global en EL PAÍS
15. Mai 2024 um 13:56

Inflation in the US moderates slightly in April to 3.4% year-on-year

Economy
Finance
Prices in the United States rose by 3.4% in April, which represents a slight decrease in inflation after a first quarter of the year marked by an increase. Core inflation, which excludes food and energy, rose by 0.3% in April and by 3.6% in the last twelve months. The Federal Reserve Chairman sees a new interest rate hike as unlikely, even though traders are limiting their bets on a cut in September.
Yahoo Finance
15. Mai 2024 um 12:59

Yahoo Finance

Economy
Finance
US consumer price increases in April showed a slight deceleration, with the Consumer Price Index rising 0.3% over the previous month and 3.4% over the prior year. Inflation pressures eased as the prices rose at the slowest pace in three months, meeting economist expectations.
Yahoo Finance
15. Mai 2024 um 12:34

Yahoo Finance

Economy
Finance
US consumer prices rose less than expected in April, signaling a downward trend in inflation at the start of the second quarter. Economists anticipate inflation pressures to ease this quarter and prices to gradually move toward the Federal Reserve's 2% target.
Saturday5/18/2024
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