Don’t get used to the decline in the U.S. rate of inflation to a four-year low. Inflation will probably rise, at least temporarily, even after the Trump administration reduced high tariffs.

At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.

Over the course of April, President Donald Trump imposed large tariffs on goods from every country in the world, pushing America’s average levy on imports to its highest level in roughly a century.

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

Federal Reserve Vice Chair Philip Jefferson said tariffs and related uncertainty could slow growth and boost inflation this year, but monetary policy is well positioned to respond as needed.

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.

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.

German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.