Institution: US CPI Rise May Accelerate in April

BlockBeats News: On May 6th, tariffs are prompting market institutions to prepare for higher inflation. Economists from Wells Fargo wrote before the release of the US CPI report next week that consumer price increases in April may accelerate. They expect that after an unexpected 0.1% drop in March, the monthly CPI rate in April will rise by 0.2%. Economists say this will bring the annual CPI rate to a four-year low of 2.3%. They expect the core CPI annual rate to remain unchanged at 2.8%. They said that as tariffs have become a reality, "we believe that higher import costs will affect consumer prices, it's just a matter of time