The Labor Department’s report showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July. The post-pandemic spike in U.S. 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 and likely shaping the economic debate in the final weeks of the presidential race.

Topics:  labor department s   august   july   u.s    federal reserve   inflation   
BING NEWS:
  • Inflation Extends Cooling Streak to Hit 2.5% in August
    Inflation eased to new three-year lows, teeing up the Fed to begin gradually reducing interest rates at a meeting next week.
    09/11/2024 - 5:21 pm | View Link
  • Inflation cooling streak continued in August, hitting a 3-year low
    The Labor Department's report showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July.
    09/11/2024 - 10:05 am | View Link
  • Inflation Eased to 2.5% in August
    food index increased 0.1% in August, after rising 0.2% in July. The index for food away from home rose 0.3% over the month, while the index for food at home was unchanged. The energy index fell 0.8% ...
    09/11/2024 - 2:16 am | View Link
  • US Service Sector Steady in August; Employment Cooling
    U.S. services sector activity was steady in August, but employment gains slowed, consistent with an easing labor market. The Institute for Supply Management (ISM) said on Thursday that its ...
    09/5/2024 - 3:04 am | View Link
  • August weather in Syracuse keeps a streak going
    August is over and it continued at least one theme of the other meteorological summer months. Here is a look back. Another warmer than normal month It sounds like a broken record, but August was ...
    09/1/2024 - 2:52 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News