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Inflation, July
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.
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 the Federal Reserve to finally begin cutting interest rates next month. The Consumer Price Index came in just slightly under the 3 ...
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.
Inflation, Fed
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 the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Fresh inflation data to show if cooldown has continued
Inflation has cooled for four consecutive months, reversing a surge in prices that took hold at the outset of 2024. Price increases have slowed significantly from a peak of more than 9%, but inflation remains a percentage point higher than the Fed's target rate of 2%.
Wholesale inflation cools in July; pressures continue to ease
Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month.
Opinion
1h
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 ...
7h
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 ...
11h
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 ...
Journal Record
8h
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 ...
5h
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
4h
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 ...
Opinion
4d
on MSN
Opinion
Why Jerome Powell is the most important man in Washington
How much difference could one man possibly make to Kamala Harris’s presidential campaign? A great deal, possibly — but not if ...
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