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.

WNCT Greenville on MSN · 29d

Annual inflation falls to 2.9% despite July price uptick

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 percent annual increase in July,

U.S. News & World Report on M… · 16h

Yes, Inflation Is Falling. But Prices Remain High and Rate Cuts Will Likely Come Slowly

The Federal Reserve is set to cut rates next week, but that does not mean a reversal of the high prices of the past three years.

The Hill29d

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 Examiner29d

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 ...

Inflation: Consumer price increases hit lowest annual inflation rate since early 2021

The Consumer Price Index (CPI) increased 2.5% over the prior year in August, which was a deceleration compared to July's 2.9% ...

The Hill29d

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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