Here’s the inflation breakdown for April 2025 — in one chart

Key Points

The consumer price index declined to 2.3% in April from 12 months earlier, the lowest reading since February 2021.
However, tariffs levied by President Donald Trump are expected to re-ignite inflation as soon as next month, according to economists.
Prices declined for categories like gasoline, groceries, apparel, used cars and airline fares during the month from March to April, according to CPI data.

Source

Finance

Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’

April 29, 2026

Key Points Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues. The statement resolves for the moment a key question that hovered over the Federal Open Market Committee meeting. “The things that have […]

Finance

Here’s what changed in the new Fed statement

April 29, 2026

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March. Text removed from the March statement is in […]

Finance

Kalshi bettors see Powell staying on as Fed governor after chair term ends

April 29, 2026

Key Points Bettors on Kalshi think there’s just a 30% chance Powell leaves by June. On Polymarket, bettors think there’s an 87% chance he leaves between May 15 and May 22. Powell will address reporters after the Fed meeting today, where he is expected to be asked about his future as a governor. Source