【Trump's Announcement of Tariffs in April Leads to U.S. Inflation Dropping to 2.3%】On May 13, news reported that in April of this year, the same month Trump imposed tariffs globally, the U.S. inflation rate dropped to 2.3%, while analysts expected it to remain at 2.4%, the level seen in March. Although Trump has cut many of the tariffs he announced on April 2, economists warn that most of the impact of import tariffs has yet to be felt, and Federal Reserve officials expect price pressures to rise further. Trump pressured Powell to lower interest rates and added last week that dealing with the Federal Reserve Chairman is like 'playing the piano to a cow.' The inflation target preferred by the Federal Reserve is not the CPI, but the PCE. In March, PCE fell to 2.3%, but still above the Federal Reserve's 2% target.

The U.S. April unadjusted CPI year-on-year is 2.3%, and the seasonally adjusted CPI month-on-month is 0.2%.

On May 13, it was reported that the U.S. April unadjusted CPI year-on-year is 2.3%, with an expectation of 2.40%, and a prior value of 2.40%. The U.S. April seasonally adjusted CPI month-on-month is 0.2%, with an expectation of 0.30%, and a prior value of -0.10%.

【U.S. April Core CPI Year-on-Year Meets Expectations】On May 13, it was reported that the U.S. April unadjusted core CPI year-on-year is 2.8%, meeting market expectations and remaining at the lowest level since March 2021. The U.S. April seasonally adjusted core CPI month-on-month is 0.2%, below market expectations of 0.3%.

The U.S. April seasonally adjusted CPI month-on-month is 0.2%, with an expectation of 0.30%, and a prior value of -0.10%.

The U.S. April actual income month-on-month is -0.1%, with a prior value revised from 0.3% to 0.6%.

The U.S. April seasonally adjusted core CPI month-on-month is 0.2%, with an expectation of 0.30%, and a prior value of 0.10%.

The U.S. April unadjusted CPI is 320.795, with an expectation of 320.883 and a prior value of 319.799.

The U.S. April unadjusted CPI year-on-year is 2.3%, with an expectation of 2.40%, and a prior value of 2.40%.

The U.S. April unadjusted core CPI year-on-year is 2.8%, with an expectation of 2.80%, and a prior value of 2.80%.

The U.S. April unadjusted food inflation year-on-year is 2.8%, with a prior value of 3%.

The U.S. April unadjusted energy inflation year-on-year is -3.7%, with a prior value of -3.3%.

The U.S. April unadjusted new car inflation year-on-year is 0.3%, with a prior value of 0%.

The U.S. April unadjusted used car and truck inflation year-on-year is 1.5%, with a prior value of 0.6%.

The U.S. April unadjusted housing inflation year-on-year is 4%, with a prior value of 4%.

The NASDAQ 100 index futures rose 0.4% after the CPI announcement.

U.S. short-term interest rate futures rose after the CPI data was released, as traders increased their expectations for a Federal Reserve rate cut.