US April inflation rate cools down, Goldman Sachs: Preemptive inventory delays inflation crisis.

In April, the annual inflation rate in the United States cooled down as businesses were struggling to adapt to the unpredictable impact of President Trump's trade policies. The inflation rate for the month was recorded at 0.2%, higher than the -0.1% in March, roughly in line with economists' expectations. In April, Trump's tariffs caused market turmoil throughout the month. Retailers have been working hard to keep prices stable for their customers, but they warn that they may ultimately have to raise prices. Goldman Sachs economists said that businesses' advance inventory ahead of tariffs taking effect may moderately delay passing on higher prices to consumers.