Trump notches win as inflation eases more than expected in March

U.S. inflation further cooled in March, with the consumer price index (CPI) increasing 2.4% and beating economists’ expectations.

On a month-over-month basis, prices declined 0.1% in March, marking the first time monthly CPI prices have fallen since May 2020, according to a report from the Bureau of Labor Statistics (BLS) released Thursday. The CPI fell largely in part to a decline in energy prices, which fell 2.4% in March, the BLS reported.

The report comes just one day after President...