Annual US consumer inflation fell to 2.5% in August, a 3-year low
WEBSep 11, 2024 · Updated 1:26 PM PDT, September 11, 2024. WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
CPI inflation report August 2024: - CNBC
WEBSep 11, 2024 · Consumer prices rose 0.2% in August with core inflation higher than expected. Published Wed, Sep 11 20248:32 AM EDT. Jeff Cox @jeff.cox.7528 @JeffCoxCNBCcom. The consumer price index was expected ...
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
WEBSep 11, 2024 · Inflation continued to recede in August, paving the way for the Federal Reserve to lower interest rates for the first time since early 2020 at their meeting next week.
August Inflation Report - The New York Times
WEBSep 13, 2023 · Price Pressures Remain Stubborn as Gas Pushes Up Inflation Rate. Consumer prices rose 3.7 percent in the year through August, marking another month of accelerating inflation. The Federal...
Consumer inflation slows to lowest rate since February 2021
WEBSep 11, 2024 · The Consumer Price Index, a measurement of price changes for a commonly purchased basket of goods and services, briskly retreated from a 2.9% rate in July to 2.5% in August, the lowest since...
US consumer prices continued to rise last month - CNN
WEBSep 13, 2023 · US inflation accelerated in August for the second-straight month, pushed up by rising gas prices. However, core inflation, which strips out volatile food and energy prices, continued to slow,...
US Inflation Rose 8.3 Percent in August: CPI Report
WEBSep 13, 2022 · Stocks plummeted, U.S. government bond yields rocketed higher, and the dollar bounced, after fresh inflation data undermined investors’ bets over the slowing pace of inflation in August.
CPI report released: Here's why inflation ticked higher in August
WEBSep 13, 2023 · Inflation accelerated for a second month in August on a spike in gasoline prices and an underlying measure of household expenses rose more than anticipated, highlighting that the Federal...
Stubbornly high rents, food prices boost U.S. inflation in August
WEBWASHINGTON, Sept 13 (Reuters) - U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve...
Inflation rose in August amid higher prices at the pump
WEBSep 13, 2023 · Inflation rose by an annual rate of 3.7% in August amid higher gasoline prices, marking the second consecutive month of rising costs. The Consumer Price Index, which tracks a basket of goods...