Economists cautious as US inflation falls to under 5 percent

WASHINGTON D.C.: For the first time in two years, the increase in US consumer prices slowed to below 5 percent in April, while the Federal Reserve Bank's key inflation measure also declined, potentially enabling the central bank to halt its series of interest rate hikes next month.

However, a report from the Labor Department showed that inflation remained strong and monthly consumer prices also rose, dashing the