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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.
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.
Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
9d
on MSN
Inflation fell for fifth month in a row to 2.5% in August, clearing way for Fed easing
Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported ...
9d
on MSN
Annual US consumer inflation fell to 2.5% in August, a 3-year low
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low ...
1d
on MSN
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...
9d
August CPI Report: Inflation Data Gives Mixed Signals
Here are the key points to know from August's consumer-price index: Year-over-year CPI rose by 2.5%, a little less than ...
Marketplace
9d
August CPI shows inflation’s sticky in services
Airline tickets and eating out cost more in August than July. But price gains are easing in other previously sticky ...
AOL
9d
Inflation rises 2.5% in August, less than expected
Inflation
fell in
August
to the lowest level in over three years, adding to the Federal Reserve's case for an interest rate cut next week even as prices remained uncomfortably high for millions of ...
MoneyWeek
3d
Inflation held steady in August – will interest rates fall tomorrow?
It is the second month in a row where inflation came in at 2.2%, after creeping up in July. But a rate cut still looks ...
4d
India's August wholesale inflation cools to 1.31% as global oil prices fall
India's wholesale price index rose 1.31% in August from a year earlier, government data released on Tuesday showed.
1d
on MSN
Japan's core inflation rate rises for 4th month to 2.8% in August, as expected
The core consumer price index in Japan, which excludes fresh food but includes fuel costs, increased by 2.8% Y/Y in August ...
The Financial Express
5h
Retail inflation for farm workers eases to 5.96% in August: Labour Ministry
"The year-on-year inflation rates based on CPI-AL and CPI–RL for this month (August 2024) were recorded at 5.96 per cent and ...
6d
Saudi Arabia's inflation rate inches up to 1.6% in August
Saudi Arabia's annual inflation rate inched up to 1.6% in August, from 1.5% in July, government data showed on Sunday, driven ...
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