US monthly inflation rate slows amid Trump tariffs

Bureau of Labor Statistics figures show April inflation rate of 2.3% as Americans report economic anxiety under Trump

The pace of inflation slowed in April, the month that Donald Trump announced his sweeping “liberation day” tariffs on the US’s largest trading partners.

The annual inflation rate was 2.3% in April, down from an annual rate of 2.4% March, according to a new inflation report from the Bureau of Labor Statistics (BLS).

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