Breaking down April inflation report, and the way Fed may reply

Inflation declined barely in April after two straight months of will increase, the U.S. Bureau of Labor Statistics introduced Wednesday. Jeanna Smialek, Federal Reserve and financial system reporter for The New York Times, joins CBS News to unpack the numbers.

CBS News 24/7 is the premier anchored streaming information service from CBS News and Stations that’s accessible free to everybody with entry to the web and is the vacation spot for breaking information, dwell occasions, authentic reporting and storytelling, and packages from CBS News and Stations’ prime anchors and correspondents working regionally, nationally and across the globe. It is accessible on greater than 30 platforms throughout cellular, desktop and related TVs without spending a dime, in addition to CBSNews.com and Paramount+ and dwell in 91 international locations.

Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News 24/7: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on X: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: [email protected]