#CPI Inflation Dives As Trump Tariffs Sink Travel; S&P 500 Falls Sharply.
The core consumer price index came in much cooler than expected in March, easing to a four-year low, while initial claims for jobless benefits rose less than expected last week. After the CPI data, S&P 500 futures remained sharply lower following yesterday's explosive rally.
With President Trump's 90-day reprieve on reciprocal tariffs above 10% — except for China — markets pulled back from the brink of instability.$BTC
