Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party

The numbers: The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s unclear whether the recent progress can be sustained as the trade wars drag on.

May 30, 2025 - 14:14
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Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The numbers: The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s unclear whether the recent progress can be sustained as the trade wars drag on.