Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.

Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but others are taking effect.

Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Thursday that large trade tariffs now being pursued by the Trump administration will almost certainly drive inflation higher and depress growth,

Stocks eye another volatile session, despite inflation easing in March, after monster gains Wednesday following President Trump’s tariff fast switch which sent U.S. equities to best one-day performance in more than five years with the Dow Jones Industrial Average gaining 2,

Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain could push prices higher in the months to come.

Several days after President Donald Trump announced sweeping "Liberation Day" tariffs on much of the world, shock waves continue to ripple through the national and international business community. The Dow Jones Industrial Average dropped again Monday after plunging Thursday and Friday,

US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth.

Inflation slightly eased in March, just before President Donald Trump's sweeping tariff announcement sent Wall Street spiraling, wiping out trillions in market value before a temporary tariff pause. The consumer price index (CPI) fell 0.

President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.