In April 2025, inflation in the U.S. slowed to 2.3% year-on-year — the lowest level in over four years. The monthly increase in the Consumer Price Index (CPI) was 0.2%, in line with analysts' forecasts. The main factors for the decrease were falling prices for gasoline and food products. Despite the recent introduction of import tariffs, their impact on inflation has so far been limited, but increased pressure is expected in the coming months. The Federal Reserve maintains a cautious stance, keeping interest rates at 4.25–4.50% and monitoring further developments.