The US Federal Reserve makes important statements regarding the recent inflation data.

On Wednesday, Chicago Federal Reserve President Austan Goolsbee stated that the data showing moderate inflation in consumer prices during April does not necessarily reflect the impact of rising tariffs on US imports, noting that the Federal Reserve still needs more data to determine the direction of prices and the economy. The Consumer Price Index (CPI) report for the United States in April showed that inflationary pressures eased during the first month in which several tariffs announced by President Donald Trump were implemented, indicating a relative slowdown in the pace of price increases.

The latest data released by the US Bureau of Labor Statistics showed that the Consumer Price Index rose by 2.3% year-on-year in April, down from March's annual increase of 2.4%, and below economists' expectations of an annual increase of 2.4%.

On a monthly basis, prices increased by 0.2%, compared to a decrease of 0.1% in March, which is a better result than the forecasts that indicated a monthly increase of 0.3%.

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