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Inflation declined to 4 9% in April in encouraging sign for economy

Inflation cooled slightly to 4.9% for the year ending in April, the Bureau of Labor Statistics reported Wednesday, a welcome sign that the Federal Reserve s efforts to tame price growth are working.

Keeping CPI below 4 pct this year a challenge: Economist | Business

Detailed text transcripts for TV channel - MSNBC - 20190519:20:44:00

drug prices have gone down for the first time in 51 years. they ve gone down. first time in 51 years. great job, alex. that s really fantastic. that statement from the president is not accurate. so here it is. the president appeared to be referring to recent decreases in the labor department s consumer price index but the april cpi was updated before the president s claim showing an increase of 0.3% of prescription drug prices. every week we track the president s claims or statements to see how they are. the washington post reporting the president made more than 10,000 false or misleading statements by the end of april. that s an average of eight false claims each and every day according to the washington post. we ll be right back. look limu. a civilian buying a new car. let s go. limu s right.

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