U.S. consumer inflation slowed more than expected in April 2025, with the Consumer Price Index (CPI) rising 0.2%, below the 0.3% forecast.
On an annual basis, inflation came in at 2.3%, slightly lower than expected and the previous month’s reading.
Core CPI, which excludes food and energy prices, also increased by 0.2% month-over-month, missing the 0.3% forecast, while core inflation remained unchanged at 2.8% year-on-year.
The slow inflation rate could influence the Federal Reserve's future rate decisions, leading to a modest uptick in the crypto market as investors viewed stable inflation as a positive sign.