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Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb in the coming months. Consumer prices rose 2. 3% in April from a year ago, the Labor Department said Tuesday, down from 2. 4% in March and the smallest increase in more than four years. On a monthly basis, prices rose modestly, increasing 0. 2% from March to April after falling 0. 1%...

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