Product Review Inflation Finally Falls Below 3 , Helping Fed Prepare A September Rate Cut
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Inflation falls to 2.7% as slower housing and food increases offset a surge in electricity
Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The released ... Read More
US inflation: Fed’s key gauge stays elevated in September; rate cut hopes rise despite weak spending signals

The Federal Reserve’s preferred inflation gauge was largely unchanged in September, a development that is expected to support a widely anticipated interest rate cut at the central bank’s meeting on ... Read More
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