Annual inflation falls to 2.9 percent

Inflation fell for fifth month in a row to 2.5% in August, clearing way for Fed easing

Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported Wednesday.

The New York Times · 2d

Inflation Cooled in August, Keeping the Fed Poised to Cut Rates

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.

The Wall Street Journal on MSN · 2d

Inflation Extends Cooling Streak to Hit 2.5% in August

Inflation eased to new three-year lows, teeing up the Fed to begin gradually reducing interest rates at a meeting next week.

WJET Erie on MSN1mon

Annual inflation falls to 2.9% despite July price uptick

Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department reported Wednesday. The consumer price index (CPI) also slowed to a 2.9 ...

1mon

Annual inflation falls below 3 percent for first time since March 2021

Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department ...

Consumer prices rose 0.2% in August as annual inflation rate slows to 2.5%

According to the Consumer Price Index, inflation increased 0.2% for the month of August and the annual inflation rate declined to 2.5%, its lowest level since February 2021. NBC News’ Brian Cheung ...

Stocks Slide As Investors Weigh Slowing US Inflation

Equity markets were mixed Wednesday as worries about the world's top two economies offset US rate cut optimism, while the yen ...

1don MSN

Cooling consumer inflation data clears path for lower mortgage rates

With the Federal Reserve widely expected to cut interest rates next week, the housing market is saying goodbye to 7% mortgage ...

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