Us Cpi Data April 2024. Inflation in april likely ran hot and remained well above the federal reserve’s 2% target, effectively pushing back when the central bank could begin cutting its benchmark interest rate. The all items less food and.
Here are the key takeaways from the us cpi report for april released wednesday: Consumer price index cpi in the united states averaged 124.59 points from 1950 until 2024, reaching an all time high of 314.80 points in august of 2024 and a record low of 23.50 points in february of 1950.