POLITICS: Producer And Consumer Prices Ease — Is Relief Here To Stay? – One America News Network – U-S-NEWS.COM

As Producer And Consumer Prices Collapse, Didn’t Anti-Tariff Democrats Say Prices Were Supposed To Go Up?

By Robert Romano For the second consecutive month, both consumer and producer prices slowed down, according to data compiled by the Bureau of Labor Statistics, to 2.3 percent and 2.4 percent annually in April, respectively. This despite President Donald Trump’s levying of tariffs since the beginning of his second term that began on January 20. That included the fentanyl and border security tariffs slapped on Mexico, Canada and China on Feb. 1. A…

POLITICS: Producer And Consumer Prices Ease — Is Relief Here To Stay? – One America News Network – U-S-NEWS.COM

OAN’s Alicia Summers2:52 PM – Wednesday, May 15, 2024 The latest inflation read shows some relief for businesses, with April’s Producer Price Index coming in lower than expected—down 0.5%. That follows the Consumer Price Index report earlier this week, which showed inflation for everyday Americans cooled to a four-year low, even with tariffs still in place. While critics warn about potential trade tensions, major companies like Apple, NVIDIA, an…