US Inflation Reaches a 3-year Low as Federal Reserve Prepares to Cut Interest Rates

Wednesday’s report from the Labor Department showed that US consumer prices rose 2.5% in August from a year earlier. It was the fifth straight annual drop and the smallest such increase since February 2021.

Sep 11, 2024 - 18:30
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US Inflation Reaches a 3-year Low as Federal Reserve Prepares to Cut Interest Rates
Wednesday’s report from the Labor Department showed that US consumer prices rose 2.5% in August from a year earlier. It was the fifth straight annual drop and the smallest such increase since February 2021.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!