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 ...

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 ahead of ...

climbing to a 4.4-percent annual increase and making up about 30 percent of January’s inflation over all, the Labor Department noted. Perhaps most concerning for economists, “core” inflation ...