US inflation reaches 3-year low as Fed prepares ... - Associated Press News
WEBSep 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. Wednesday’s report from the Labor Department ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB1 day ago · The Fed Is Watching Jobs and Prices. A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions ...
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...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB4 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
All the data so far is showing inflation isn't going away ... - NBC News
WEBApr 26, 2024 · Economy. All the data so far is showing inflation isn't going away, and is making things tough on the Fed. The stubborn inflation data raised several ominous specters, namely that the Fed may have ...
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...
Live Updates: Inflation Runs Hotter Than Expected
WEBApr 10, 2024 · The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation.
Inflation | Latest News & Reports | AP News - Associated Press News
WEBAs prices continue to rise, the Federal Reserve is raising interest rates to fight inflation. Read the latest coverage around the U.S. economy and rising inflation.
From housing to energy to food, US inflation ... - Associated Press News
WEBJan 11, 2024 · WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one.
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