Inflation eased to 2.4% in March, which was lower than expectations

There is new data out showing inflation is slowing, but it could sell trouble for the consumer.

This month’s Consumer Price Index shows a 0.1 percent drop in March, where the markets were expecting a 0.1 percent gain. On the year, the CPI is up 2.4 percent, and the markets were expecting 2.5 percent.

This could mean consumers have hit their limit.

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$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.

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