Annual inflation falls to 2.9 percent

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

Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported Wednesday.

NBC News · 3d

Consumer prices rose 0.2% in August as annual inflation rate slows to 2.5%

According to the Consumer Price Index, inflation increased 0.2% for the month of August and the annual inflation rate declined to 2.5%, its lowest level since February 2021. NBC News’ Brian Cheung breaks down the latest inflation numbers that are showing signs of improvement.

The New York Times · 3d

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.

Hosted on MSN1mon

Annual inflation falls to 2.9% despite July price uptick

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 ...

The Hill1mon

Annual inflation falls below 3 percent for first time since March 2021

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 ...

Washington Examiner1mon

Inflation falls for fourth month in a row, now at 2.9%

The decline of a tenth of a percentage point in the consumer price index comes as most economists expected that annual inflation would remain at 3%, the same as the month before. Inflation is ...

3don MSN

Inflation Extends Cooling Streak to Hit 2.5% in August

Inflation eased to new three-year lows, teeing up the Fed to begin gradually reducing interest rates at a meeting next week.

The Hill1mon

Annual inflation falls below 3 percent for first time since March 2021

The consumer price index (CPI) also slowed to a 2.9 percent annual increase in July, down from 3 percent in June, falling below 3 percent for the first time since March 2021.

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