Annual inflation falls to 2.9 percent

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, like housing, were stubborn.

Washington Examiner · 3d

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

Economists had expected that inflation would fall from 2.9% to 2.6%. Inflation is now the ... remained at 3.2% on an annual basis, which is right in line with expectations. Month-to-month core ...

Detroit News · 3d

US inflation likely fell further last month as Fed prepares to cut rates next week

Inflation peaked at 9.1% in June 2022 — a four-decade high — as the economy rebounded from the pandemic recession with unexpected speed and strength.

Morningstar4d

August US CPI Report: Inflation Slows to a 2.5% Annual Rate

The Bureau of Labor Statistics reported that the Consumer Price Index increased 2.5% in August from year-ago levels—a decrease from July’s 2.9% rate. Core CPI, which excludes volatile food and ...

Hindustan Times3d

US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates

Federal Reserve officials have signaled that they’re increasingly confident that inflation ... 2.5% in August from a year earlier, down from 2.9% in July. It was the fifth straight annual ...

FXStreet3d

Breaking: US CPI inflation declines to 2.5% in August vs. 2.6% expected

The US Consumer Price Index is forecast to rise 2.6% YoY in August, at a softer pace than July’s 2.9% increase. Annual core CPI ... the USD value. When inflation falls below 2% or the ...

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 ...

Mixed Inflation Data May Lead To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to give back ground after moving ...

Toronto Sun26d

Canada's inflation rate falls to 2.5%, paving way for another interest rate cut

Canada's inflation rate falls to 2.5% ... U.S. Federal Reserve for a rate cut in September. The annual U.S. inflation rate now stands at 2.9 per cent. We apologize, but this video has ...

CBS19 News3d

US stocks diverge as investors weigh slowing inflation

US stocks diverged on Wednesday as consumer inflation fell more than expected, fuelling a debate about the size of an ...

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