![US CPI inflation falls in April, but discouragingly little](/.imaging/mte/efg-revamp/547x300/dam/efg/insights/2021/Financial-markets-tensions-and-breakeven-inflation/Insight_Infocus_Article_Tips-ExpectedInflation_530x395px.jpg/jcr:content/Insight_Infocus_Article_Tips-ExpectedInflation_530x395px.jpg)
US CPI inflation falls in April, but discouragingly little
US CPI inflation declined in April, but by very little. Headline inflation over 12-months declined from 5.0% in March to 4.9% in April, which is the lowest inflation rate since April 2021. Month-on-month headline inflation was 0.4%, far above the 0.17% implied by the Federal Reserve’s 2% inflation objective.