Consumer inflation shows mild rise. Yet trade wars seen lifting prices despite reduced tariffs.

Consumer prices rose again in April after a rare decline in the prior month, leaving inflation above the Federal Reserve’s 2% target as households and businesses grappled with the fallout from the Trump trade wars.

May 13, 2025 - 14:38
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Consumer inflation shows mild rise. Yet trade wars seen lifting prices despite reduced tariffs.
Consumer prices rose again in April after a rare decline in the prior month, leaving inflation above the Federal Reserve’s 2% target as households and businesses grappled with the fallout from the Trump trade wars.