U.S. inflation falls more than expected in March

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ODAILY
04-10
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Planet Daily News: U.S. inflation rate dropped to 2.4% in March, exceeding expectations. The Federal Reserve is considering how to respond to Trump's changing attitude on tariffs. The Bureau of Labor Statistics' CPI year-on-year rate on Thursday was lower than February's 2.8% and below economists' predictions of 2.5%. Data also showed that the core inflation rate in January increased by 2.8% year-on-year, lower than February's 3.1% and below economists' expectation of 3%. The Federal Reserve faces a dilemma: whether to cut interest rates to prevent potential economic slowdown from Trump's comprehensive tariffs on U.S. trading partners, or to raise interest rates to prevent inflation from rising. (Jin Shi)

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