The annual pace of inflation slowed more ... traders are hoping for a 50 basis point cut, or half a percentage point. And while headline inflation slowed more than expected, shelter and ...
Economists had anticipated that the CPI inflation would rise 0.2% in August, according to FactSet’s consensus estimates. Annual inflation ... rate target by half a percentage point from its ...
Market observers are divided over whether the Fed will impose its typical cut of a quarter of a percentage ... inflation and toward ensuring a healthy job market. Speaking at an annual gathering ...
Specifically, inflation fell to 1.1 percent in August from 1.3 percent in July ... The national consumer price index (CPI), which is used to calculate annual inflation, therefore remains at ...
Inflation cooled further in August ... Less certain is how big a cut the Fed intends to make, likely a quarter- or half-percentage point. Additional reductions are likely to come later this ...
Inflation eased to new three-year lows, teeing up the Fed to begin gradually reducing interest rates at a meeting next week.