Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries.

US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise.

Tariff uncertainty are prompting businesses to make short-term decisions, which analysts warn could hinder sustained economic growth. Anticipation of higher tariffs led to surges in imports, trucking demand, and equipment investments in Q1 2025.

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.

In-store grocery and online trips are on the rise, as consumers shop across channels to find the best deals amid tariff and inflation concerns.