Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.
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The economy moves center stage in the election
Inflation is cooling but hiring is slowing as Kamala Harris and Donald Trump fine tune their pitch to voters.
Posted inBureau of Labor Statistics Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy
Cooling inflation ‘ticks the box’ for a Fed rate cut.
Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but policymakers will be watching fresh inflation data ahead of the decision.
Posted inConsumer Price Index Inflation (Economics) Prices (Fares, Fees and Rates) Standard & Poor's 500-Stock Index United States Economy
Inflation Report Is Next Hurdle for Stock Markets Shaken by Volatility
A sharper-than-expected rise or fall in the Consumer Price Index could intensify worries on Wall Street about the economy’s prospects.