U.S. yearly inflation dips to 2.5% in August
Cryptopolitan2024/09/10 16:00
By:By Collins J. Okoth
Share link:In this post: Inflation in the U.S. cooled in August, paving the way for the Federal Reserve to cut interest rates this September. The year-on-year Consumer Price Index decreased by 0.4% to 2.5% from July’s 2.9%. The Non-Farm Payroll report for July raised concerns about failing to meet economists’ expectations.
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