Nick Timiraos Says April CPI Weakens Tariff-Inflation View

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Nick Timiraos said April U.S. CPI data weakens the view that recent inflation is mainly tariff-driven, with core services excluding housing rising 0.45% in the month. Housing costs rose 0.6%, while core goods prices rose 0.03% and 1.13% year over year.

CORE1.16%
IN1.32%
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