Both CPI and PCE inflation are calculated by tracking the prices of a representative sample of goods and services, often referred to as a “basket”. Items in the basket are weighted according to the relative importance of each category.

The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.

Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig and MacroMavens' Stephanie Pomboy look ahead to the Federal Reserve's rate decision.

Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of Canada.

Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the road for further cuts in interest rates.

Canada's annual inflation rate reached the central bank's target in August as it cooled to 2%, its lowest level since February 2021, data showed on Tuesday. Analysts polled by Reuters had forecast that growth in the consumer price index would slow to an annual rate of 2.

The presidential campaign is moving forward after a second apparent attempt on Donald Trump’s life over the weekend