Inflation falls to its lowest level in more than 3 years. Here’s what ...
WEBSep 11, 2024 · 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 in August were up 2.5% from...
A dual win for consumers: Inflation cooled last month, paving way …
WEBSep 27, 2024 · Economists forecast a 0.2% rise in core inflation last month. President Joe Biden touted the report as a victory for the economy, with inflation coming back down to levels seen before the...
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...
US inflation slows but remains elevated in sign ... - Associated Press News
WEBFeb 13, 2024 · Consumer 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.
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.
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 ...
December Inflation Report - The New York Times
WEBJan 11, 2024 · Price Increases Tick Higher, but Show Moderation. U.S. consumer prices rose 3.4 percent in the year through December, in a report that comes as the Federal Reserve weighs cutting interest rates ...
US inflation cools in May, boosting hopes of Fed rate cut
WEBJun 28, 2024 · Inflation is receding after spiking in the first quarter as 525 basis points worth of rate hikes from the Fed since 2022 cool domestic demand. Inflation, however, continues to run above the...
Inflation report for May 2024 reveals how the U.S. economy ... - NBC News
WEBJun 12, 2024 · One of the most-watched inflation metrics showed a slight slowdown Wednesday, a sign that the price growth that has bedeviled the U.S. economy may be easing. Consumer prices rose 3.3% on a...