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 ...

also slowed to a 2.9 percent annual increase in July, down from 3 percent in June. The latest inflation reading comes as the Federal Reserve gears up for long-awaited interest rate cuts ahead of ...

climbing to a 4.4-percent annual increase and making up about 30 percent of January’s inflation over all, the Labor Department noted. Perhaps most concerning for economists, “core” inflation ...

so-called “core” inflation was 3.2 percent for the year ending in December — slightly cooler than the 3.3 percent reported in November. That is the smallest annual gain in core prices since ...

The overall inflation rate fell to just 2.9% in July from the nearly 9% pace set in June 2022. It was the first time that the annual pace ... at least a quarter of a percentage point at their ...