Annual inflation falls below 3 percent for first time since March 2021 by Taylor Giorno - 08/14/24 8:31 AM ET. by Taylor Giorno - 08/14/24 8:31 AM ET.

also slowed to a 2.9 percent annual increase in July, down from 3 percent in June. The latest inflation reading comes as the Federal Reserve gears up for long-awaited interest rate cuts ahead of ...

In some good news for Vice President Kamala Harris and the economy, annual inflation fell to 2.9% in July — now marking four months of disinflation. The decline of a tenth of a percentage point ...

The consumer price index (CPI) also slowed to a 2.9 percent annual increase in July, down from 3 percent in June, falling below 3 percent for the first time since March 2021. The latest inflation ...