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Inflation, Fed
Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Inflation expected to cool slightly in July report as issue becomes key issue in presidential campaign
The July consumer price index report is expected to show that inflation cooled slightly to 2.9% year-over-year, while the Fed eyes rate cuts and inflation becomes a key election issue.
Inflation falls to 3-year low, clearing the way for Fed rate cuts
The government said nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing.
Opinion
47m
on MSN
Opinion
Is Inflation Whipped Now?
The consumer-price index is up 2.9%, and other signs vindicate Fed Chairman Jerome Powell’s policy.
6d
on MSN
The Fed’s Powell said his 2% inflation target was non-negotiable. Jamie Dimon is skeptical it’s even possible
Jerome Powell explicitly laid out his task and that of his committee peers: "It is the Fed's job to bring inflation down to ...
New York Post on MSN
8h
US inflation hits 2.9% in July, paving way for Fed to finally start cutting rates
US
inflation
last month rose 2.9% versus a year ago — slightly below expectations in a result that likely paves the way for ...
10h
on MSN
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 ...
6h
Inflation Slows To Lowest Year-On-Year Rate Since March 2021
The U.S. Consumer Price Index showed a deceleration in year-on-year total CPI to 2.9% — the lowest rate since March 2021. But ...
9h
Inflation reaches lowest level in more than 3 years
WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that ...
Journal Record
7h
Inflation slows, clearing way for interest-rate cuts
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price ...
kpax
5h
Annual inflation rate falls below 3% for the first time since 2021
The closely-watched gauge on inflation in the United States slowed again in July, setting up the Federal Reserve for a ...
Investor's Business Daily on MSN
3h
Stocks Rise Ahead Of Fed Chief Powell's Speech; Nvidia Approaches Key Level
Nvidia built on a two-day rebound, while shares of Google-parent Alphabet fell on the stock market today amid talk of an ...
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