The Labor Department's report showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July.
Policymakers missed a golden opportunity to cut rates in July. Now, they will be slowed down by bad inflation optics.
The Fed has a dual mandate — price stability and maximum employment — and needs to maintain equal weight on both.
A fresh inflation report on Wednesday will show whether price increases have continued a monthslong cooldown as they fall ...
The Consumer Price Index (CPI) increased 2.5% over the prior year in August, which was a deceleration compared to July's 2.9% ...
The US CPI rose by 2.5% in the last 12 months to the end of August, and 0.2% within the month ahead of September’s interest ...
We are closing the chapter on inflation, announced the Chief Economic Advisor to the White House, Lael Brainard, after the ...
A new report by the New York Federal Reserve found that consumers see inflation leveling off and have mixed views about the ...
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