Inflation Eases to 2.5%, but Core Prices Remain Sticky The latest Consumer Price Index (CPI) report shows that US inflation has continued to moderate, reaching its lowest annual rate since early 2021. In August, consumer prices rose 2.5% compared to the previous year, down from 2.9% in July. This deceleration in inflation, driven by falling gasoline and used car prices, aligns with economist expectations and brings the rate closer to the Federal Reserve’s 2% target. While core inflation, which excludes volatile food and energy prices, remained steady at 3.2% annually, the overall trend suggests that the Fed may consider rate cuts in the near future. However, the timing and extent of these cuts remain uncertain, as policymakers weigh the moderating inflation against other economic factors. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yellen Critiques Market Overreaction to Inflation Data READ MORE Gold Surges as Weak US Jobs Data Fuels Rate Cut Expectations READ MORE Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation READ MORE Trump Assassination Attempt Fuels 'Trump Trade' Surge in Global Markets READ MORE China Commands 80% of Global Solar Silver Supply Chain READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment