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Why April's inflation rate was better than expected, despite swings in tariff rates

By A Martínez
Published May 14, 2025 at 4:19 AM EDT

Despite tariffs that went up and down, April's inflation numbers were calm. NPR's A Martinez talks with Austan Goolsbee, president of the Federal Reserve Bank of Chicago, about why.

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A Martínez
A Martínez is one of the hosts of Morning Edition and Up First. He came to NPR in 2021 and is based out of NPR West.