President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Democrats and their media cheerleaders have been wailing for months that President Donald Trump’s tariff policies would ignite a wildfire of inflation, scorching American wallets. Yet, here we are, with fresh inflation numbers that slap their fearmongering narrative right across the face.

The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.

April saw inflation cool slightly to 2.3%, its lowest in four years. But the impact of tariffs still looms over businesses nationwide, with many frantically buying products before a temporary truce between the U.

Inflation fell by one tenth of a percentage point to 2.3% for the year ending in April, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had expected inflation to hold at 2.

Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster than the Fed would like.

Recent U.S. inflation data has sparked debate over the impact of President Trump's tariff policies. Contrary to initial warnings, the figures tell a different story, surprising many and challenging predictions of catastrophic price hikes.

Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,