US inflation at 5%, the lowest it has been since 2021

U.S. inflation rate continues to ease, falling to 5% over last year

The improvement in the gauge of consumer prices which peaked in June 2022, isn’t likely to halt additional interest rate hikes.

U.S. dollar dives as U.S. inflation continues to cool in March

NEW YORK, April 12 (Xinhua) -- The U.S. dollar fell significantly in late trading on Wednesday as the latest U.S. inflation data showed a sign of cooling in the economy. Read full story

US inflation falls to lowest level since May 2021

By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index, dropped in March for the ninth consecutive month. And for the first time since September 2020, grocery prices fell on a monthly basis. Prices rose 5% for the 12 months ended in March, down from 6% in February, the Bureau of Labor Statistics reported Wednesday. Annual CPI plunged to its lowest rate si…

Inflation slows but stays high enough for Fed to hike again

Much of the drop resulted from price declines for goods such as gas, used cars and furniture.

US inflation falls to lowest level since May 2021

By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index, dropped in March for the ninth consecutive month. And for the first time since September 2020, grocery prices fell on a monthly basis. Prices rose 5% for the 12 months ended

Inflation slows but stays high enough for Fed to hike again

Much of the drop resulted from price declines for goods such as gas, used cars and furniture.