US inflation reaches 3-year low as Fed prepares to cut interest …
WEB4 days ago · WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race. Wednesday’s report from the Labor Department ...
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
WEB4 days ago · The overall Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in ...
Inflation cools to 2.5%, slowest rate in more than three years - NBC News
WEB4 days ago · Inflation's steady march lower continued Wednesday, with the Bureau of Labor Statistics reporting that consumer price growth slowed to 2.5% in August, the lowest measure since 2021. Estimates were ...
Inflation report: US CPI shows prices fell in June for the first time ...
WEBJul 12, 2024 · Core goods prices fell on a monthly basis by 0.1% and are down 1.8% for the 12 months ended in June, according to Thursday’s BLS report. Food prices saw a modest uptick last month, rising 0.2% ...
Slower inflation is boosting Americans’ attitudes toward the …
WEB1 day ago · Inflation is down substantially from the 40-year highs of summer 2022, and after a rough patch earlier this year, it’s perched at an annual rate of 2.5% as of August, according to the latest ...
October Inflation Report: Inflation Moderates, Cooling Faster …
WEBNov 14, 2023 · Inflation eased in October and price increases showed encouraging signs of slowing under the surface, according to fresh data released on Tuesday. The report provides the Federal Reserve with...
Live Updates: Inflation Runs Hotter Than Expected
WEBApr 10, 2024 · The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation...
Inflation falls to 3-year low as Fed prepares to cut ... - CBS News
WEB3 days ago · Updated on: September 11, 2024 / 8:10 PM EDT / CBS News. Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting ...
Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
WEB4 days ago · Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week.
All the data so far is showing inflation isn't going away ... - NBC News
WEBApr 26, 2024 · Economy. All the data so far is showing inflation isn't going away, and is making things tough on the Fed. The stubborn inflation data raised several ominous specters, namely that the Fed may have ...