Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
WEBSep 11, 2024 · The overall Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in...
Consumer Price Index (CPI) News Release - U.S. Bureau of Labor Statistics
WEBSep 11, 2024 · In August, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.5 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in August (SA); up 3.2 percent over the year (NSA).
Consumer Price Index News Release - 2024 M08 Results
WEBSep 11, 2024 · The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 2.4 percent over the last 12 months. For the month, the index increased 0.1 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.
Inflation Remains Subdued, as Fed Preps Rate Cut
WEBSep 11, 2024 · The Consumer Price Index climbed 2.5 percent in August from a year earlier, a notably cooler pace of inflation than July’s 2.9 percent and down sharply from a peak of 9.1 percent back in 2022.
Consumer inflation slows to lowest rate since February 2021
WEBSep 11, 2024 · The Consumer Price Index, a measurement of price changes for a commonly purchased basket of goods and services, briskly retreated from a 2.9% rate in July to 2.5% in August, the lowest since...
Inflation report: US CPI shows prices fell in June for the first time ...
WEBJul 12, 2024 · The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of...
US CPI Report May 2024: Live News on Inflation, Consumer Price Index ...
WEBJun 12, 2024 · Headline CPI came in at 3.3%. The release boosted the likelihood of Fed policymakers projecting two rate cuts for 2024 when they release their updated forecasts later on Wednesday, economists...
US CPI Report June 2024: Live News on Inflation, Consumer Price Index ...
WEBJul 11, 2024 · Here are five key takeaways from the US Consumer Price Index report for June, released Thursday: The core CPI gauge, which strips out food and energy prices, rose 0.1% compared with May, a...
Inflation milestone: Consumer Price Index slows below 3% for ... - CNN
WEBAug 14, 2024 · Core CPI inflation is now running at its slowest pace since April 2021. The cost of owning and renting a home rose 0.4%. That so-called shelter index accounted for nearly 90% of the monthly...
CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game ...
WEBJun 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 ...