Inflation ticked up in August in a troubling sign for consumers, but not enough to prevent a Federal Reserve interest rate cut next week as more alarm bells ring in the labor market. Overall inflation ...
The latest inflation report was released Thursday morning and, with it, the revelation that inflation increased in August. Now at 2.9%, the inflation rate increased from July's 2.7% and is now almost ...
The Consumer Price Index showed that inflation was up 2.9% since August 2024. 25,968 people played the daily Crossword recently. Can you solve it faster than others?25,968 people played the daily ...
Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...
Inflation, as measured by the producer price index, fell seven-tenths of a percentage point to 2.6% for the year ending in August, the Bureau of Labor Statistics reported Wednesday, a sign that price ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Inflation has continued to chip away at our purchasing ...
ORLANDO, Florida, Sept 9 (Reuters) - The Federal Reserve is widely expected to cut interest rates next week even though inflation is still around 3%, a full percentage point above the official goal.
The Federal Reserve’s policymakers ought to ask why, with inflation stuck at 3%, investors have so confidently priced in at least two further interest-rate cuts starting today. The case for these cuts ...