The US consumer price index (CPI ... Core CPI, which excludes food and energy and is considered a better gauge of inflation trends, dropped to 2.8% year-on-year, down from 3.1% in February ...

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.

Economists prefer to look at core inflation to determine underlying inflation trends. However ... Tariffs, a tax paid by U.S. importers, add costs for businesses that ultimately get passed ...