Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.

Consumer prices ​rose less than expected, ​while a year-over-year measure of underlying prices f​el​l to its lowest level in four years.

The consumer price index fell in March, but President Donald Trump's tariff agenda and the specter of a global trade war threaten to reverse progress.

U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.

Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.

US consumer sentiment tumbled to the second-weakest reading on record while short- and long-term inflation expectations soared to multi-decade highs on growing tariff concerns.