Info
Watch The Cnbc Television Livestream
Falling inflation clears the way for the Federal Reserve to begin out slicing interest rates subsequent week — doubtless by 1 / 4 share point. U.S. consumer prices increased modestly in August, continuing a pattern of slowing inflation that has brought the annual price to its lowest degree since February 2021. According to the newest information from the Bureau of Labor Statistics, the Consumer Price Index rose by 0.2% for the month, according to expectations, and the annual inflation rate eased to 2.5%, down from 2.9% in July. This marks a significant retreat from the inflation peak of mid-2022 when …
Read More