“Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent,” CNBC reports.
“The consumer price index, a broad measure of how much goods and services cost at the cash register, increased 0.
3% from March, the Labor Department’s Bureau of Labor Services reported Wednesday. That was slightly below the Dow Jones estimate for 0.4%.”