down from 2.9 percent in July and the lowest annual figure since February 2021, the Labor Department said in a statement. A measure of inflation that strips out volatile food and energy costs ...

Economists had anticipated that the CPI inflation would rise 0.2% in August, according to FactSet’s consensus estimates. Annual inflation ... rate target by half a percentage point from its ...

It was the fifth straight annual drop and the smallest since ... House's Council of Economic Advisers showed that while core inflation rose 3.2 percent over the past year, that measure clocked ...

The consumer price index (CPI) increased 0.2 percent in August and slid to a 2.5 percent annual increase ... and welcome news in the fight against inflation, especially for households,” Sonu ...

The annual inflation rate in ... there's nothing in the August inflation report that is likely to sway policymakers from the measured quarter-percent cut that they've been guiding expectations ...

Inflation cooled further in August ... Less certain is how big a cut the Fed intends to make, likely a quarter- or half-percentage point. Additional reductions are likely to come later this ...

Ben Brewer / Bloomberg via Getty Images Prices for goods and services likely rose only modestly in August, with year-over-year inflation falling to an annual ... a quarter of a percentage point ...

Market observers are divided over whether the Fed will impose its typical cut of a quarter of a percentage ... inflation and toward ensuring a healthy job market. Speaking at an annual gathering ...

Underlying inflation, which Reserve Bank governor Michele Bullock said this week was her institution’s main focus, eased 0.4 ...