2024-05-15 15:17:12

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.

New York Times - Business
16. Mai 2024 um 02:29

Inflation Data Could Show Signs of Progress After Disappointing Run

Economy
Finance
Economists are hopeful that new inflation data will show a slight slowing in the Consumer Price Index climb in April, marking the lowest annual reading since early 2021. The focus is on the 'core' measure of inflation that strips out volatile food and fuel prices to gauge the underlying trend, crucial for Federal Reserve policymakers.
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.
CoinDesk
15. Mai 2024 um 12:42

U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K

Finance
Economy
The U.S. CPI in April rose by 0.3%, lower than expectations, indicating a slight easing in inflation. Bitcoin's price surged to $63,700 following the report release. The report also showed small declines in other areas, leading to a positive market reaction.
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 Finanzas Los precios al consumidor en EE. UU. suben menos de lo esperado en abril; el CPI básico se ralentiza

Finanzas
Finanzas
Los precios al consumidor en EE. UU. subieron menos de lo esperado en abril, señalando una tendencia a la baja en la inflación al inicio del segundo trimestre. Los economistas anticipan que las presiones inflacionarias se aliviarán este trimestre y los precios se moverán gradualmente hacia el objetivo del 2% de la Reserva Federal.
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