Wednesday, September 11, 2024

US Inflation Cools for 5th Month in a Row (Newser Breaking News)

Newser Newsletter
September 11, 2024
 
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US Inflation Cools for 5th Month in a Row
The post-pandemic spike in US inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week. Wednesday's report from the Labor Department showed that consumer prices rose 2.5% in August from a year earlier. Keep reading
 
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