Inflation slows more than expected in March in first round of data since Trump's tariffs
1. US inflation rose 2.4%, lower than expected 2.6%. 2. Core CPI at 2.8%, missing projections of 3%. 3. S&P 500 futures dropped 1.3% post-report. 4. Recent tariff pause provided temporary Wall Street relief. 5. Investors are concerned about inflation and recession risks.