Fed’s Kashkari Says Only Inflation Could Derail December Cut
7 hours ago · 1:51. Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central ...
US Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
11 hours ago · While consumers expect inflation to taper, inflation expectations among US business leaders increased in the fourth quarter of 2024, according to the Cleveland Fed’s Center for Inflation ...
CPI Report: US inflation reaches lowest point since February 2021 | AP News
Oct 10, 2024 · Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Inflation rate hit 2.4% in September, topping expectations; jobless ...
Oct 10, 2024 · Key Points. The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Both were 0.1 percentage point higher than forecast. Excluding ...
US inflation reaches 3-year low as Fed prepares ... - Associated Press News
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race.
Stubbornly high US inflation grew stronger than expected in March - CNN
Apr 10, 2024 · CNN — Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the...
Inflation Falls Below 3% for First Time Since 2021
Aug 14, 2024 · President Biden celebrated inflation falling below 3 percent in a news release. He also intensified a Democratic attack on corporations for keeping prices elevated.
Inflation Slowed in May, Good News for Consumers and the Fed
Jun 12, 2024 · Just hours before the release of the Federal Reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in May. The new report is a sign that inflation is...
Live Updates: Inflation Runs Hotter Than Expected
Apr 10, 2024 · The moves followed a consumer inflation report that came in hotter than expected, with prices rising 3.5 percent in March from a year earlier, marking another month of stubbornly high inflation.
Inflation falls to its lowest level in more than 3 years. Here’s what ...
Sep 11, 2024 · Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from...