U S Economy And Business News The New York Instances

September 11, 2024 • Consumer prices in August had been up 2.5% from a 12 months ago — the smallest annual increase since February 2021. Falling inflation clears the way for the Federal Reserve to start out cutting interest rates subsequent week — doubtless by a quarter percentage level. U.S. shopper prices increased Business News modestly in August, continuing a development of slowing inflation that has introduced the annual rate to its lowest level since February 2021. According to the latest information from the Bureau of Labor Statistics, the Consumer Price Index rose by zero.2% for the month, consistent with …
