The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Here are some other leading indicators of inflation: Food prices declined by 0.1% compared to the prior month and rose 2.8% compared to a year ago. Energy prices increased 0.7% compared to a month ...

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation ...