Newly released government statistics show that inflation eased more than expected in April, slowing to its lowest level since February 2021. The consumer price index (CPI), a broad measure of the prices of everyday goods,

US consumer inflation showed signs of softening in April, as a decline in food costs helped blunt the impact of rising housing expenses. According to data released by the Labour Department on Tuesday,

U.S. consumer inflation cooled slightly in April, according to the official data published Tuesday, but is likely to pick up in the coming months