Source: https://news.bitcoin.com/us-inflation-rate-plummets-to-2-4-amid-tariff-pause-whats-next-for-markets/

In March, the United States witnessed a noticeable drop in its inflation rate, with the 12-month inflation rate falling to 2.4% from 2.8% in February. This decline in inflation comes at a significant juncture, just ahead of the upcoming May Federal Reserve meeting. The development also aligns with President Donald Trump's recent announcement of a 90-day suspension of certain tariffs, indicating potential shifts in economic policies that could impact various sectors, including cryptocurrencies like Bitcoin.

The decrease in the inflation rate may have multiple implications for the economy. A lower inflation rate could influence the Federal Reserve's decision-making process regarding interest rates and monetary policies. With inflation cooling off, the Fed might have more flexibility to maintain or adjust interest rates