U.S. April Inflation Rate Cools Down, Goldman Sachs Says Preemptive Restocking Delays Inflation Crisis

BlockBeats News, May 13th, the US inflation rate cooled off in April, a month when businesses were grappling with the impact of Trump's unpredictable trade policies. The inflation rate recorded a 0.2% monthly increase, rebounding from -0.1% in March, broadly in line with economists' expectations. In April, Trump's tariffs kept the market on edge throughout the month. Retailers have been working hard to keep prices stable for their customers, but they warn that they will eventually have to raise prices. Goldman Sachs economists stated that businesses' pre-tariff inventory buildup may moderately delay passing on higher prices to consumers. (FXStreet)