Here's everything to expect from Wednesday's key report on inflation

The Labor Department’s Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.

Prices for all items in April are projected to show a 0.4% gain on the month, the same as in March, though the annual rate is expected to edge lower to 3.4%.

Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on pause with interest rates., a broad measure of the cost of goods and services in the marketplace, is expected to show another increase for the month, though the annual inflation rate is projected to come down slightly, according to Dow Jones consensus forecasts.Prices for all items are projected to show a 0.

It also heightened the importance of Wednesday's CPI release. The Labor Department's Bureau of Labor Statistics will provide the data at 8:30 a.m. ET.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCNewYork /  🏆 270. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brittney Griner Describes Russian Labor Camp Ordeal: 'Slave Labor'In an excerpt from her book Coming Home, Brittney Griner describes the conditions she endured while in a Russian labor camp
Read more »

7 Wednesday Theories About How Tyler Can Return In Season 2(Jenna-Ortega-as-Wednesday-Addams)-from-Wednesday-and-(Hunter-Doohan-as-Tyler-Galpin)-from-Wednesday
Read more »

'Wednesday' Season 2 Set Image - Jenna Ortega Is Back in BlackJenna Ortega as Wednesday Addams dancing with her hands up in Wednesday.
Read more »

I'm So Excited That Wednesday Season 2 Is Repeating Its Christina Ricci Trick With Another Addams Family ActorJenna Ortega as Wednesday Addams Looking Shocked in Wednesday Season 1
Read more »

'Wednesday' Season 2 Adds Christopher Lloyd & Steve BuscemiJenna Ortega as Wednesday Addams dancing with her hands up in Wednesday.
Read more »

Netflix Has Resolved Your 3 Biggest Wednesday Concerns Heading Into Season 2Split image of the hand named Thing and Jenna Ortega as Wednesday Addams in Wednesday
Read more »