US inflation reaches 3-year low as Fed prepares to cut ...
WEB1 day 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 falls to its lowest level in more than 3 years ...
WEB1 day ago · Spencer Platt/Getty Images. Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices ...
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
WEB1 day 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 falls to 3-year low as Fed prepares to ... - CBS News
WEB1 day ago · Edited By Anne Marie Lee. Updated on: September 11, 2024 / 1:53 PM EDT / CBS News. Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will ...
All the data so far is showing inflation isn't going away ...
WEBApr 26, 2024 · At the same time, the personal consumption expenditures price index, the Fed’s key measure in determining inflation pressures, moved up to 2.7% in March when including all items, and held at 2.8 ...
Inflation report: US CPI shows prices fell in June for the ...
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% ...
CPI report: Stubbornly high US inflation grew stronger than ...
WEBApr 10, 2024 · CNN — Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...