Back to today’s briefing

Story perspectives

U.S. Inflation Hits 2.3% Amid Trade Talks Relief

5/14/2025

23 3

Center

Trump's Tariffs Impact

In April 2025, U.S. inflation dipped to a refreshing 2.3%, the lowest in over two years, bringing relief amid President Trump's tariffs. While the Federal Reserve holds interest rates steady, analysts caution that ongoing tariffs might stoke inflation and hinder growth. Meanwhile, trade talks with China offer a glimmer of hope, calming market anxieties.

Right

Trump Criticizes Powell

President Trump slammed Federal Reserve Chair Jerome Powell for his reluctance to cut interest rates, insisting it stifles economic growth. He pointed to low inflation as a reason for change, urging the Fed to emulate Europe and China. Meanwhile, the Fed remains steadfast, committed to holding rates steady until inflation approaches its 2% goal.

1 of 2

Trump's Tariffs Impact

In April 2025, U.S. inflation dipped to a refreshing 2.3%, the lowest in over two years, bringing relief amid President Trump's tariffs. While the Federal Reserve holds interest rates steady, analysts caution that ongoing tariffs might stoke inflation and hinder growth. Meanwhile, trade talks with China offer a glimmer of hope, calming market anxieties.

1 / 2