Part 5/7:
Despite Trump’s ongoing criticisms, financial markets responded positively to the inflation report. Key stock indexes opened in the green on Tuesday morning as investors welcomed the data, which indicated that consumer prices rose just 2% last month and 2.7% year-over-year—significantly lower than many economists' expectations.
This moderation in inflation suggests that the effects of Trump's tariffs, which were widely blamed for fueling domestic price increases, are less severe than feared. In fact, tariffs seem to have had only a modest impact on prices, with lower gas prices and steady grocery costs helping keep inflation in check.