📉 Inflation Trends

Headline Inflation: .

Core Inflation: .

Consumer Spending: March saw a 0.7% increase in consumer spending, driven partly by preemptive purchases ahead of new tariffs, such as the 25% duty on imported cars effective April 3 .

🏛️ Federal Reserve's Position

Despite market expectations, the Fed has signaled a cautious approach:

Current Rate: The federal funds rate remains at 4.25%–4.50%, unchanged since December 2024 .