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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.
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
Key Takeaways Encouraging inflation data this week has removed doubts among economists and market participants about whether the Federal Reserve will cut interest rates, but there's a debate going on about how swift and deep those cuts will be.
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
6h
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
14h
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 ...
12h
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 ...
15h
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
13h
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 ...
18h
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 ...
12h
on MSN
Annual inflation falls to 2.9% despite July price uptick
Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department ...
Investor's Business Daily on MSN
9h
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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