US Inflation Rate Falls to 2.4% in March 2025

Inflation in the U.S. showed signs of deceleration, with the Consumer Price Index (CPI) rising 2.4% year-over-year in March, down from 2.8% in February, according to the Bureau of Labor Statistics. This decline is attributed largely to lower gasoline prices, while core CPI, which excludes food and energy, fell to its lowest level since March 2021 at 2.8%. However, economists caution that tariffs imposed by the Trump administration could reverse this downward trend, potentially pushing inflation back up to around 4% by the end of the year. Senator Elizabeth Warren criticized the current economic policies, stating they contribute to market volatility and uncertainty for businesses and families. Despite the recent drop, inflation remains above the Federal Reserve's long-term target of 2%. Overall, while there are encouraging signs in inflation data, external factors like tariffs and trade policies continue to pose risks.