![Analysis of the April inflation report and how the Fed could respond Analysis of the April inflation report and how the Fed could respond](https://i3.wp.com/assets1.cbsnewsstatic.com/hub/i/r/2024/05/15/0f2297a1-1153-4a03-8400-e5924b3dcc74/thumbnail/1200x630/eb1778ac4c48d186323bc2ff0013c672/cbsn-fusion-breaking-down-april-inflation-report-how-fed-could-respond-thumbnail.jpg?v=fc8d024e10db3fe720fa4908dcd79bea&w=1200&resize=1200,630&ssl=1)
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Inflation fell slightly in April after two straight months of increases, the U.S. Bureau of Labor Statistics said Wednesday. Jeanna Smialek, Federal Reserve and economics reporter for The New York Times, joins CBS News to break the numbers.
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