Lucia Mutikani

1 day ago | gurutrade.com | Lucia Mutikani |Paul Simao

WASHINGTON, May 13 (Reuters) - U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the coming months as tariffs boost the cost of imported goods. The consumer price index CPI increased 0.2% last month after dipping 0.1% in March, which was the first decline since May 2020, the Labor Department's Bureau of Labor Statistics said on Tuesday. Economists polled by Reuters had forecast the CPI would rise 0.3%.

1 day ago | zawya.com | Lucia Mutikani

U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods. The consumer price index CPI increased 0.2% last month after dipping 0.1% in March, which was the first decline since May 2020, the Labor Department's Bureau of Labor Statistics said on Tuesday. Economists polled by Reuters had forecast the CPI would rise 0.3%.

1 day ago | marketscreener.com | Lucia Mutikani

WASHINGTON (Reuters) - U.S. consumer prices rebounded moderately in April, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs. The rise in prices reported by the Labor Department on Tuesday was below economists' expectations and did not change their view that the Federal Reserve would continue to pause its interest rate-cutting cycle until late in the summer.

1 day ago | yahoo.com | Lucia Mutikani

By Lucia MutikaniWASHINGTON (Reuters) - U.S. consumer prices rebounded moderately in April, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs. The rise in prices reported by the Labor Department on Tuesday was below economists' expectations and did not change their view that the Federal Reserve would continue to pause its interest rate-cutting cycle until late in the summer.

1 day ago | zawya.com | Lucia Mutikani

U.S. small-business confidence fell for a fourth straight month in April, with the share of owners reporting job openings declining to the lowest level in more than four years, potentially hinting at a significant labor market slowdown. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index dropped 1.6 points to 95.8 last month, making the second consecutive month of a reading below the 51-year average of 98.