--- title: "Trump wants rate cuts. The data just made that nearly impossible." type: "News" locale: "en" url: "https://longbridge.com/en/news/286409460.md" description: "The President's push for rate cuts faces challenges as inflation data complicates the outlook. The April Consumer Price Index showed a year-over-year increase of 3.8%, driven by rising energy costs, particularly oil prices at $101.56 per barrel. Core inflation also rose to 2.8%. Despite expectations for easing, the stable unemployment rate at 4.3% and increasing Treasury yields signal limited near-term cuts. Lower-income households are particularly affected, with companies like Kraft Heinz and McDonald's noting financial strain among consumers." datetime: "2026-05-14T11:39:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286409460.md) - [en](https://longbridge.com/en/news/286409460.md) - [zh-HK](https://longbridge.com/zh-HK/news/286409460.md) --- # Trump wants rate cuts. The data just made that nearly impossible. Quick Read Core inflation accelerated to 2.8%, driven by energy, food, and services that refuse to cool while unemployment stays stuck at 4.3%. Kraft Heinz (KHC) and McDonald’s flagged lower-income customers running out of money, while Walmart warned wallets are stretched for household... ### Related Stocks - [MCD.US](https://longbridge.com/en/quote/MCD.US.md) - [KHC.US](https://longbridge.com/en/quote/KHC.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [FTXG.US](https://longbridge.com/en/quote/FTXG.US.md) - [EATZ.US](https://longbridge.com/en/quote/EATZ.US.md) - [XLP.US](https://longbridge.com/en/quote/XLP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [IYK.US](https://longbridge.com/en/quote/IYK.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [KHNZ.DE](https://longbridge.com/en/quote/KHNZ.DE.md) ## Related News & Research - [Fed's May inflation forecast spikes, rate cuts unlikely in 2026](https://longbridge.com/en/news/286852758.md) - [BUZZ-Fervo Energy surges 37% in electric New York debut](https://longbridge.com/en/news/286296665.md) - [Here's How Much $1000 Invested In McDonald's 20 Years Ago Would Be Worth Today](https://longbridge.com/en/news/286841348.md) - [Kimberly Guilfoyle's Business Announcement Is Getting Lambasted](https://longbridge.com/en/news/286596620.md) - [Kraft Heinz Chief Executive Officer Purchased Shares Worth Over $4.9M](https://longbridge.com/en/news/286310287.md)