Annual inflation falls to 2.9 percent

Fed may cut interest rates as US inflation falls to 2.5% in August

With the post-pandemic spike in U.S. inflation easing further last month, the path was cleared for the Fed to cut interest rates

Washington Examiner on MSN · 7d

Inflation fell for fifth month in a row to 2.5% in August, clearing way for Fed easing

Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported Wednesday.

The New York Times · 7d

Inflation Remains Subdued, as Fed Preps Rate Cut

U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs of key categories, like housing, were stubborn.

Barron's2d

Annual Inflation Unexpectedly Cools to 2.5%. Get Ready for Rate Cuts Next Week.

The annual pace of inflation slowed more ... traders are hoping for a 50 basis point cut, or half a percentage point. And while headline inflation slowed more than expected, shelter and ...

CBS News7d

Inflation falls to 3-year low as Fed prepares to cut interest rates next week

Inflation cooled further in August ... Less certain is how big a cut the Fed intends to make, likely a quarter- or half-percentage point. Additional reductions are likely to come later this ...

6abc News7d

Inflation falls more than expected, paving way for interest rate cut

Market observers are divided over whether the Fed will impose its typical cut of a quarter of a percentage ... inflation and toward ensuring a healthy job market. Speaking at an annual gathering ...

Morningstar8d

August US CPI Report: Inflation Slows to a 2.5% Annual Rate

Economists had anticipated that the CPI inflation would rise 0.2% in August, according to FactSet’s consensus estimates. Annual inflation ... rate target by half a percentage point from its ...

KELOLAND News4h

Sioux Falls sales tax revenue up by 7%

After a rough month in July, the city’s sales tax revenue for August increased by 7%, which is the largest sales tax growth the city has seen in months. According ...

6don MSN

Inflation pressures show signs of easing, consumers still reluctant to spend

A slew of Stats NZ data showed food prices rose 0.2 percent in August on July, but the annual rate eased to 0.4 percent.

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