Inflation cooled more than expected in March despite Trump's warnings of more tariffs to come

The Bureau of Labor Statistics released new consumer price index data on Thursday.

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• Inflation in March slowed more than expected again to 2.4% year-over-year, from 2.8% in February.
• The report reflects price data from before President Donald Trump's latest round of tariffs.
• Core CPI had the smallest year-over-year increase since March 2021.

Inflation cooled more than expected in March despite President Donald Trump's warnings that he would impose more tariffs.