Inflation eased to 4-year low
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These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
Stocks were set to edge higher on Wednesday, having racked up solid gains the previous session thanks to a cooler-than-expected inflation reading and news of artificial intelligence investments from Saudi Arabia.
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.
German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.
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Americans saw some relief on inflation last month, though the trade war will likely push prices of everyday goods higher in the coming months. The consumer price index climbed 2.3% year over year in April,
If you haven't seen the latest inflation data, the general idea is that prices are rising more slowly than expected. Not only is this the lowest inflation figure since early 2021, but it was one-tenth of a percentage point lower than economists had expected.
Rising rent prices were a major factor pushing up consumer prices in April. While they’re expected to come down in the months ahead as the U.S. economy slows, the path ahead will be bumpy, according to data from real-estate companies.