Remember when inflation readings were the headline news of the day, and were as feverishly anticipated by investors as Nvidia earnings reports? CNBC Daily Open remembers. If Thursday's consumer price index report,

Inflation just fell for the second consecutive month. Will mortgage interest rates fall now, too? Here's what to know.

Inflation slowed to 2.4% in the 12 months through March, as measured by the consumer-price index. That undershot the 2.6% forecast by economists polled by The Wall Street Journal. On a core basis, excluding volatile food and energy,

WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.

The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.

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.

The inflation rate tends to influence multiple aspects of the economy. For example, a rise in inflation can lead to market volatility. On the other hand, easing inflation or increases that are lower than expected can lead to lower rates for financial products such as HELOCs.

Higher-than-expected tariffs would "very likely" raise both unemployment and inflation, Dallas Federal Reserve President Lorie Logan said on Thursday in remarks that made clear her most immediate concern is keeping inflation,