Fed's Inflation Gauge Shows Inflation Slips to 2.1% in April Lower Than Expected \ stacker news ~econ

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Fed's Inflation Gauge Shows Inflation Slips to 2.1% in April Lower Than Expected www.cnbc.com/2025/05/30/inflation-rate-slipped-to-2point1percent-in-april-lower-than-expected-feds-preferred-gauge-shows.html

133 sats \ 5 comments \ @Cje95 30 May econ

Given how everyone said Trump was going to super charge inflation.... well the data doesnt show that.

The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%.

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20 sats \ 1 reply \ @siggy47 30 May

Looks like the MSM is starting to backtrack on tariffs = inflation assumption:

Economists worry that tariffs could spark another round of inflation, though the historical record shows that their impact is often minimal.

CNBC has been blasting this theme since Trump's election.

36 sats \ 0 replies \ @Cje95 OP 30 May

Yepppp a huge huge change of tune the last few weeks as things well flipped on its head. Its also really funny to see how now that the poultry livestock has recovered the price of eggs has fallen off a cliff so that complaint has died out again.

15 sats \ 1 reply \ @Undisciplined 30 May

I was trying to push back on the idea that tariffs are super inflationary. Of course, they also haven’t really gone into effect, to the extent people expected.

23 sats \ 0 replies \ @Cje95 OP 30 May

Oh on the Hill the Dems have been starting to talk about how they all are and this includes the ones aimed at China.... it was brought up to try and say that Trumps tariffs there caused the Biden Admin's inflation issue.... not the government printing machines going burrrrrrrrrr

0 sats \ 0 replies \ @tylerburnsveg 30 May

Well a new budget hasn't been enacted under Trump yet nor were his proposed tariffs implemented fully in April. So I don't think these inflation numbers speak much to anything Trump has done so far. The Fed also hasn't made any moves yet. Things are just sort of staying the course at the moment.