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 · 2d

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 · 2d

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 ...

CBS News2d

Inflation falls to 3-year low as Fed prepares to cut interest rates next week

Inflation cooled further in August ... Less certain is how big a cut the Fed intends to make, likely a quarter- or half-percentage point. Additional reductions are likely to come later this ...

ABC30 Action News3d

Inflation falls more than expected, paving way for interest rate cut

Market observers are divided over whether the Fed will impose its typical cut of a quarter of a percentage ... inflation and toward ensuring a healthy job market. Speaking at an annual gathering ...

The Daily Star11d

Eurozone inflation falls to three-year low

Germany registered an annual rate of inflation of 2.0 percent in August, down from 2.6 percent in July, the EU's ...

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