The US inflation rate in March fell more than expected
According to a report by Golden Ten, the inflation rate in the United States dropped to 2.4% in March, a decrease that exceeded expectations. The Federal Reserve is considering how to respond to Trump's sudden 180 degree turn on tariffs. The annual CPI rate released by the US Bureau of Labor Statistics on Thursday was lower than February's 2.8% and also lower than economists' forecast of 2.5%. The data also shows that the core inflation rate in January increased by 2.8% year-on-year, lower than the level of 3.1% in February and lower than economists' expectations of 3%. The Federal Reserve is facing a dilemma: whether to cut interest rates to prevent an economic slowdown that could be triggered by Trump's comprehensive tariffs on US trading partners, or to raise interest rates to prevent inflation from rising.