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Cooling Jul. Inflation Sets Stage for Fed’s Sep. Rate Cut
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.
Fed Chair Powell says September interest rate cut could be ‘on the table’ as inflation cools
Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank’s first rate cut in four years, citing greater progress toward lower infl
Opinion
18m
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 ...
6h
on MSN
Inflation hits lowest point in 3 years after reaching a four decade high
Fed Chair Jerome Powell is seeking additional evidence of slowing inflation before the Fed begins cutting its key interest ...
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 ...
12h
on MSN
Inflation cooled in July, reaching lowest level since March 2021
Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of 2024. Price ...
4h
Housing costs are the final obstacle to inflation falling back to earth
Shelter costs the final obstacle to inflation falling back dow to 2% ...
Investor's Business Daily on MSN
2h
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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