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 ...
16don MSNOpinion
Is the Fed’s inflation target still 2%?
Federal Reserve policymakers face a dilemma. Inflation remains at three percent, yet investors anticipate interest rate cuts.
The inflation rate is not zero; it’s currently at 2.9% year over year. That’s higher than the Fed’s 2% "price stability" target. The inflation rate also has been rising for the past four months. See ...
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