U.S. inflation fell to 2.9% in July, supporting a potential Fed decision to lower the federal funds rate in September from the current 5.25-5.5% level. This marks the first time since March 2021 that the Consumer Price Index (CPI) has fallen below 3%.
CPI Falls Below 3% for First Time Since 2021
Published on August 16, 2024
Recent News
Wall Street Very Optimistic About the Next Four Years
January 24, 2025
President Trump Signs E.O. Promoting Affordable Housing
January 24, 2025
Uyeda to Serve as Interim Chair of the SEC
January 24, 2025
NYT: Banks Move Away From ESG
January 24, 2025
WSJ: Inflation and Interest Rates to Rise Over the Next Two Years
January 24, 2025