US inflation reaches lowest point in 3 years
- U.S. inflation reached its lowest point since February 2021, enhancing prospects for a Federal Reserve rate cut.
- The consumer price index rose just 2.3% in September from a year earlier, down from 2.5% in August.
- Inflation dropped last month, contributing to positive economic news during the presidential campaign.
100 Articles
100 Articles
US inflation fell to 2.4% in September
Figures for headline and core rates marginally surpass expectations
U.S. Inflation Eases to 2.4% in September, Fed Rate Cut Expectations Shift
The United States economy shows signs of cooling inflation, with the latest Consumer Price Index (CPI) data revealing a slight decrease in the annual rate. According to the Labor Department’s Bureau of Labor Statistics, inflation dipped to 2.4% in September 2024, down from 2.5% in August. This marks the lowest year-on-year increase since February 2021. […]
September consumer prices rise slightly above expectations | Honolulu Star-Advertiser
WASHINGTON >> U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve on track to cut interest rates again next month.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





























