Affected by the decline in car prices, the core CPI in the United States has seen a rise below expectations for the fifth consecutive month. Specific data shows that categories heavily impacted by tariffs, such as toys, furniture, home appliances, and clothing, have strong price performance, indicating that businesses have begun to pass on higher import costs to consumers. Meanwhile, prices for new and used cars have decreased. The core CPI falling below expectations has raised questions about the extent to which tariffs introduced by Trump will affect consumer prices. Some businesses have protected consumers from the impact by stockpiling inventory before the tariffs took effect or absorbing some of the extra costs at the expense of reduced profit margins. This data, which is below expectations, may prompt Trump to more strongly urge the Federal Reserve to cut interest rates. Although some officials have expressed a willingness to lower rates at the meeting in two weeks, policymakers remain divided on whether the tariffs will cause a one-time price shock or have more lasting effects, so they may again keep interest rates unchanged.