Measured from a year earlier, prices rose 2.9 percent, down from 3 percent in June. It was the mildest year-over-year inflation figure since March 2021.

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 is currently about half a percentage point above that, and the new economic projections now show the annual rate of increase in the personal consumption expenditures price index falling ...

"The committee has gained greater confidence that inflation is ... currently about half a percentage point above that, and the new economic projections now show the annual rate of increase in ...

The EU unemployment rate was 5.9% in August 2024, down from 6.0% in July 2024 as well as in August 2023.

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday ... zero to subdue a pandemic-induced inflation spike. Annual inflation has fallen from a 40-year ...

There has been significant job growth across various sectors, indicating a resilient labor market and low recession risks.