Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years

Aug 30, 2024 - 14:00
Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow