Inflation slowed dramatically in March, even though Trump had warned he'd be imposing additional tariffs.

The Labor Department will likely confirm what most consumers have been feeling. Its official March reading of inflation is expected to rise sharply.

Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.

Tomatoes are suddenly one of the biggest drivers of grocery inflation — even as other food prices cool. Why it matters: The spike shows how tariffs, war-driven energy costs and real-time supply shortages can collide — pushing up prices for a single staple even as overall grocery inflation stays muted.

Inflation is getting closer to the Federal Reserve's 2% target.