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 · Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving central bankers more confidence to continue cutting interest rates.
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...
Inflation in the U.S.: What You Need to Know - The New York Times
WEBJun 11, 2022 · The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest rate of increase in four decades. Americans are confronting more expensive food,...
March CPI Rose 5% From Last Year: What to Know About Inflation ...
WEBApr 12, 2023 · What to know about the latest inflation report. Inflation moderated notably in March as a decline in gas prices helped pave the way for the slowest pickup in prices in nearly two years,...
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.
Inflation Remains Subdued, as Fed Preps Rate Cut
WEBSep 11, 2024 · Inflation Remains Subdued, as Fed Preps Rate Cut. U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs of key categories...
CPI Home : U.S. Bureau of Labor Statistics
WEBThe Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Notices.
Inflation cools to 2.5%, slowest rate in more than three years - NBC News
WEBSep 11, 2024 · Inflation in August 2024: What it means for consumers and businesses. Economy. Inflation cools to 2.5%, slowest rate in more than three years. Price growth is within range of the Federal...