August CPI report shows 0.2% inflation rise, Fed still expected to cut interest rates
August CPI report shows 0.2% inflation rise, Fed still expected to cut interest rates - CBS News
Inflation
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
WASHINGTON -- The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low,...
Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year
WASHINGTON -- The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest...
Even dollar store chains are seeing a pullback in spending as higher prices squeeze more consumers
Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and...
The Fed welcomes a ‘soft landing’ even if many Americans don’t feel like cheering
WASHINGTON -- When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever...
Federal Reserve’s favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON -- An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling...
Federal Reserve’s favored inflation gauge shows price pressures easing as rate cuts near
Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany -- Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August,...
Inflation in the 20 EU countries that use the euro falls to 2.2%, opening way for a central bank rate cut in September
Inflation in the 20 EU countries that use the euro falls to 2.2%, opening way for a central bank rate...
Asian shares trade higher after mixed trading on Wall Street
TOKYO -- Asian shares mostly rose Friday as markets continued to be moderately optimistic about the prospects of technology companies...
