President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, experts told ABC News.

Inflation in March slowed more than expected again to 2.4% year-over-year, from 2.8% in February.The report reflects price data from before President Donald Trump's latest round of tariffs.Core CPI had the smallest year-over-year increase since March 2021.