UK inflation exceeded forecasts in April, driven by utility bills and travel. Learn how this impacts BoE policies, markets, and your investments.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.

U.S. CPI readings for April were a touch lighter than forecasted, with U.S. headline CPI up +0.2% month-over-month (MoM) and up +2.3% year-over-year (YoY).

The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.

The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.

Despite soft April inflation data, rising tariffs are starting to pressure margins, prices, and Fed policy. A summer rebound in consumer inflation is likely as businesses begin passing costs to consumers.

South Africa's inflation rose marginally in April due to higher food prices but remained below the central bank's target range, statistics agency data showed on Wednesday.

President Trump’s approval rating slipped slightly this week in the latest weekly Reuters/Ipsos polling, as voters voice economic concerns. The survey put Trump’s job approval at 42 percent, matching the second-term low point recorded last month and down from 44 percent last week. The latest change is within the poll’s 3-point margin of error, but…