Price increases have slowed significantly, but remain above the Fed's target. Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a ...

Think back to the spring of 2021. What was happening in your life around that time? In terms of the economy, it was the last time inflation was under 3% — until now. It’s 2.9%, according to the latest ...

Inflation eased more than expected to a five-month low in March as gasoline and used car prices tumbled and rent increases softened further, offsetting a sharp rise in grocery costs. The report ...

March saw a notable 0.1% drop in overall inflation, with year-over-year inflation falling to 2.4%, the lowest in four years. Energy prices significantly contributed to disinflation, despite a 0.4% ...

Aug. 14 (UPI) --U.S. consumer prices rose in line with analysts' expectations in July with year-to-year inflation growing at its slowest rate since March 2021, the Bureau of Labor Statistics reported ...

July’s Consumer Price Index (CPI) report indicated that inflation had continued to slow to its lowest point in three years, with annual price increases down to 2.9 percent and monthly rise in prices ...

(CNN) — Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut ...

Inflation in Germany has fallen below the European Central Bank’s target rate of 2% for the first time in over three years, according to new data from the country’s national statistics office that on ...

Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed ...