US inflation reaches 3-year low as Fed prepares to cut interest …
WEB2 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 falls to 3-year low as Fed prepares to cut ... - CBS News
WEB2 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 ...
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
WEB2 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 ...
Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut
WEB2 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.
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% ...
Stubbornly high US inflation grew stronger than expected in March - CNN
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...
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 Cooled Slightly, Offering Some Relief for Consumers and …
WEBMay 15, 2024 · A closely watched measure of inflation eased last month, an encouraging sign for the economy after three straight months of uncomfortably rapid price increases. The Consumer Price Index climbed...
US inflation slows but remains elevated in sign ... - Associated Press News
WEBConsumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.
Inflation | Latest News & Reports | AP News - Associated Press News
WEBAs prices continue to rise, the Federal Reserve is raising interest rates to fight inflation. Read the latest coverage around the U.S. economy and rising inflation.
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