US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates
6 months, 2 weeks ago

US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates

Hindustan Times  

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week. Excluding volatile food and energy costs, so-called core prices rose 3.2% in August from a year ago, the same as in July. A key reason for last month's drop in overall inflation was the third decline in gas prices in the past four months: Average gas prices fell 0.6% from July to August and are down 10.6% from a year ago. Grocery prices were unchanged from July to August, extending a cooling in food costs even though they remain much higher than they were three years ago.

Inflation Costs Prices Month Fed Cut Rose Ago Federal Reserve Core Prices  low  costs  federal  spending  ago  reserve  falls  prices  food  rates  inflation  interest  month  reaches  months  set  core  cut  rose

History of this topic

U.S. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
1 week, 4 days ago

U.S. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

The Hindu  

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. Powell acknowledged that the Fed initially thought inflation coming out of the pandemic would be temporary, which led it to delay raising rates to combat higher prices. "We’re going to …

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Trending News
1 week, 5 days ago

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

Hindustan Times  

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged The Fed also now expects the economy to grow more slowly this year and next than …

The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged
1 week, 5 days ago

The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged

Associated Press  

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. I do think with the arrival of the tariff inflation, further progress may be delayed.” On his Truth Social platform late Wednesday, Trump posted: “The Fed would be …

DC Edit | Will inflation fall lead to rate cut?
2 weeks, 4 days ago

DC Edit | Will inflation fall lead to rate cut?

Deccan Chronicle  

Retail inflation declined to 3.75 per cent in February 2025 for the first time in the last six months, owing to a greater-than-expected fall in vegetable prices. In terms of use-based industry classification, capital goods led the pack with 7.8 per cent growth, followed by consumer durable goods, infrastructure, primary goods, and intermediate goods. Consumer non-durable goods, or Fast-Moving Consumer …

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend
2 weeks, 4 days ago

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend

Hindustan Times  

WASHINGTON — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January after rising 0.6% the month before. Excluding volatile …

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months
2 weeks, 5 days ago

US consumer price growth slows in February, but Trump tariffs expected to boost inflation in coming months

Hindustan Times  

U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead. The consumer price index rose 0.2% last month after accelerating 0.5% in January, the Labor Department's Bureau of Labor Statistics said on Wednesday. …

U.S. inflation cooled last month, though trade war threatens to lift prices
2 weeks, 5 days ago

U.S. inflation cooled last month, though trade war threatens to lift prices

LA Times  

The cost of eggs jumped 10.4% in February from the previous month, and they are nearly 60% more expensive than a year ago. U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher. The consumer price index increased 2.8% …

Inflation cooled in February, but Trump's trade war threatens to raise prices
2 weeks, 5 days ago

Inflation cooled in February, but Trump's trade war threatens to raise prices

Salon  

If your wallet has whiplash from an uncertain economy, here's a bit of welcome news: Inflation eased more than expected last month. A report released by the Bureau of Labor Statistics on Wednesday showed the Consumer Price Index — a measure of average change in prices paid by consumers over time — increased by 0.2% in February, down from a …

Retail inflation likely eased further to 3.9% in February: Mint poll
3 weeks ago

Retail inflation likely eased further to 3.9% in February: Mint poll

Live Mint  

India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. "The reversal of spikes in volatile food items and fading of one-off shocks such as in edible oil prices suggests a continued fall in headline inflation, which is …

Retail inflation likely fell below 4% in February: Report
Trending News
3 weeks ago

Retail inflation likely fell below 4% in February: Report

India Today  

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items - which make up nearly half of the inflation …

Why these companies are lowering prices despite rising inflation and looming tariffs
4 weeks ago

Why these companies are lowering prices despite rising inflation and looming tariffs

CNN  

New York CNN — Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. Scott Eisen/Getty Images “All businesses are trying to figure out how to break that loyalty code today, especially among the younger consumers that are the least loyal,” said Mintel’s Smith. “Brands really need to make sure that the …

Inflation is easing, but another alarm bell is ringing about the US economy
1 month ago

Inflation is easing, but another alarm bell is ringing about the US economy

CNN  

CNN — The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years. The Personal Consumption Expenditures price index rose 2.5% in January from the year before, slowing from December’s 2.6% annual rate, …

US consumer sentiment plunges over tariff and inflation fears
1 month, 1 week ago

US consumer sentiment plunges over tariff and inflation fears

CNN  

Washington CNN — Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. A new CNN poll released Thursday similarly showed pessimism on the rise because of prices: Nearly two thirds of US adults nationwide, 62%, said they feel Trump’s isn’t doing enough to address inflation. “A trade policy uncertainty index by a …

What inflation surge means for your weekly shop - and why it has killed interest rate cut hopes
1 month, 1 week ago

What inflation surge means for your weekly shop - and why it has killed interest rate cut hopes

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Office for …

Where inflation accelerated in January – and where it eased
1 month, 1 week ago

Where inflation accelerated in January – and where it eased

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation accelerated for many household groceries, including coffee, which …

India’s wholesale inflation eases to 2.31% in January as food prices cool
1 month, 2 weeks ago

India’s wholesale inflation eases to 2.31% in January as food prices cool

Live Mint  

New Delhi: India’s wholesale price index-based inflation eased to 2.31% in January from 2.37% in December due to a decline in food prices, especially vegetables, according to the provisional data released by the commerce and industry ministry on Friday. Beyond food prices Manufactured product prices, which make up around 64% of the wholesale price index, rose 2.51% in January, up …

Wholesale price inflation eases to 2.31% in January 2025
1 month, 2 weeks ago

Wholesale price inflation eases to 2.31% in January 2025

The Hindu  

India’s wholesale price inflation eased fractionally from 2.37% in December to 2.31% in January, with a deceleration in food inflation being almost offset by an uptick in manufactured costs’ price rise pace, government data released on Friday showed. The Commerce and Industry Ministry attributed the positive rate of inflation in January, primarily to an increase in prices of manufactured food …

December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
1 month, 2 weeks ago

December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled

Associated Press  

WASHINGTON — U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024. Excluding volatile food …

Wholesale prices rise a hot 0.4% as fight against inflation appears to have stalled
1 month, 2 weeks ago

Wholesale prices rise a hot 0.4% as fight against inflation appears to have stalled

LA Times  

U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024. Excluding volatile food and energy …

Trump faces uphill battle to fulfill campaign promise to cut costs as inflation rises to 3% in January
1 month, 2 weeks ago

Trump faces uphill battle to fulfill campaign promise to cut costs as inflation rises to 3% in January

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The price of groceries, gas, and used cars are increasing with the rise in …

U.S. consumer inflation unexpectedly up, Trump blames Biden
Trending News
1 month, 2 weeks ago

U.S. consumer inflation unexpectedly up, Trump blames Biden

Raw Story  

by Daniel AVIS U.S. consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. "The jump in consumer prices in January supports our view that the Fed will hold rates steady at least through of this year," Nationwide chief economist …

Trump’s Grocery Prices Promise Hit By Surging Inflation
1 month, 2 weeks ago

Trump’s Grocery Prices Promise Hit By Surging Inflation

Huff Post  

LOADING ERROR LOADING President Donald Trump’s election promise to bring down the cost of living took a bruising Wednesday as figures showed that U.S. inflation surged last month. The unexpectedly hot inflation figures blow a hole in one of Trump’s biggest pledges on the campaign trail. We’re going to get the prices down.” Yet shortly after the election, Trump started …

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January
1 month, 2 weeks ago

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January

Deccan Chronicle  

New Delhi: The common man is likely to get some relief in their household budgets as India's headline retail inflation rate fell to a five-month low of 4.31 per cent in January, mainly due to the significant fall in the prices of vegetables and pulses that eased during the month. Meanwhile, India’s industrial output growth slowed to a 3-month low …

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high
1 month, 2 weeks ago

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high

The Hindu  

India’s retail inflation cooled to a five-month low of 4.31% in January, from 5.22% in December 2024, and 5.1% a year ago. Rupee depreciation impact The RBI has projected inflation to average 4.4% between January to March, which could imply mild spikes in the price rise pace over this month and the next. Vegetables inflation more than halved to 11.3% …

Did prices jump in January? Inflation report will provide latest update on consumer costs
1 month, 2 weeks ago

Did prices jump in January? Inflation report will provide latest update on consumer costs

Associated Press  

WASHINGTON — Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year. Wednesday’s inflation report will be closely watched to see if a recent trend that has bedeviled the inflation-fighters at the Federal Reserve will continue: In January 2024, prices jumped sharply in part because many …

US inflation rises to 3% in January, delaying Fed rate cuts
1 month, 2 weeks ago

US inflation rises to 3% in January, delaying Fed rate cuts

India Today  

WASHINGTON: U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts. “This just extends the Fed’s hold.” Inflation often jumps in January as many companies raise their prices at the beginning of the …

U.S. inflation worsened last month as the cost of groceries and gas moved higher
1 month, 2 weeks ago

U.S. inflation worsened last month as the cost of groceries and gas moved higher

LA Times  

The cost of a carton of eggs at a Safeway in Seattle topped $13 in January. U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate cuts. President Trump pledged to reduce …

Inflation soars in January, hampering plans for rate cuts
1 month, 2 weeks ago

Inflation soars in January, hampering plans for rate cuts

Salon  

Inflation in the United States suddenly rose in January, in a turn of events one Federal Reserve Bank president called "sobering." The latest update showed that inflation rose to 3 percent in January — a leap of 0.5% and the fastest monthly increase since August 2023 — after many common household goods soared in price. Austan Goolsbee, president of the …

Tracking the price of eggs, meat, milk and other staple US grocery items
1 month, 3 weeks ago

Tracking the price of eggs, meat, milk and other staple US grocery items

CNN  

CNN — The cost of food in the US increased significantly amid the Covid-19 pandemic and the steep inflation that followed. The price of eggs could increase by as much as 20% this year, according to one government forecast, after detections of avian influenza among the nation’s poultry flocks have strained supply. And the looming prospect of new tariffs on …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
2 months ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Hindustan Times  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
2 months ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Associated Press  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. When measured in shorter time frames, inflation is slowing: In December, core prices ticked up 0.2% from the previous month, a pace that is nearly consistent with the Fed’s annual target. But the Fed’s preferred gauge …

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
2 months ago

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

LA Times  

An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing. Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. When measured in shorter time frames, inflation …

Inflation eases as the price of essentials like fuel, pharmaceuticals and electricity fall
2 months ago

Inflation eases as the price of essentials like fuel, pharmaceuticals and electricity fall

ABC  

The chances of a Reserve Bank interest rate cut in February have improved significantly. Annual core inflation fell from a revised 3.6 per cent in the September quarter, to 3.2 per cent in the December quarter. Annual healthcare inflation has dropped from 4.8 per cent to 4 per cent — indeed, there was deflation in the health category in the …

Food prices rise at fastest pace since April as supermarket job cuts loom
2 months ago

Food prices rise at fastest pace since April as supermarket job cuts loom

Daily Mail  

Food prices rose at the fastest pace since April last year between December and January, data from the British Retail Consortium-NielsenIQ Shop Price Index shows. Inflation figures showed food prices were 1.6 per cent higher in January than a year ago, easing from 1.8 per cent in December, according to the data. Prices: Food prices rose at the fastest pace …

Inflation matrix: On the numbers and trends
2 months, 2 weeks ago

Inflation matrix: On the numbers and trends

The Hindu  

In the final inflation print before the Union Budget for 2025-26 is presented, followed by the first review of the monetary policy led by the new Governor of the Reserve Bank of India in early February, the price rise faced by Indian consumers eased to 5.22% in December. Food inflation moderated from over 9% in the previous month to 8.4% …

US inflation rises in December as energy prices surge, core inflation eases
2 months, 2 weeks ago

US inflation rises in December as energy prices surge, core inflation eases

Firstpost  

Energy prices were a significant contributor to December’s inflation, with the energy index climbing 2.6 per cent for the month. Energy costs accounted for more than 40 per cent of the overall monthly increase US consumer inflation rose for a third consecutive month in December, driven by higher energy prices, but a key measure of underlying inflation eased slightly, raising …

US inflation likely remained sticky-high last month, threatening interest rate cuts
2 months, 2 weeks ago

US inflation likely remained sticky-high last month, threatening interest rate cuts

Hindustan Times  

US inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year. Last Friday's unexpectedly strong jobs report caused stock and bond prices to plunge on fears that a healthy economy could keep …

US inflation picked up in December but underlying price pressures eased
2 months, 2 weeks ago

US inflation picked up in December but underlying price pressures eased

Associated Press  

WASHINGTON — U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year. “If the trends continue, the Fed might still end up cutting at some point.” Some likely one-time price spikes pushed …

U.S. inflation picked up in December, though underlying price pressures ease slightly
2 months, 2 weeks ago

U.S. inflation picked up in December, though underlying price pressures ease slightly

LA Times  

A shopper in a grocery store in San Francisco. U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Many economists and investors are worried that inflation has gotten stuck above the Fed’s 2% target, after a steady decline in prices in 2023 and …

CPI report: US stocks surge after latest inflation report shows progress on price hikes
2 months, 2 weeks ago

CPI report: US stocks surge after latest inflation report shows progress on price hikes

CNN  

CNN — Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for months. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released …

CPI report: US stocks surge after latest inflation report shows progress on price hikes
2 months, 2 weeks ago

CPI report: US stocks surge after latest inflation report shows progress on price hikes

CNN  

CNN — Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for months. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released …

US producer prices rose 0.2% last month on higher energy costs
2 months, 2 weeks ago

US producer prices rose 0.2% last month on higher energy costs

Associated Press  

WASHINGTON — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared to a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and …

U.S. producer prices rose 0.2% last month on higher energy costs
2 months, 2 weeks ago

U.S. producer prices rose 0.2% last month on higher energy costs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy U.S. wholesale inflation rose last …

Wholesale inflation hits a two-month high in December but don’t just blame food
Trending News
2 months, 2 weeks ago

Wholesale inflation hits a two-month high in December but don’t just blame food

Live Mint  

New Delhi: India’s wholesale price index-based inflation climbed to a two-month high of 2.37% year-on-year in December, according to the provisional data released by the Ministry of Commerce and Industry on Tuesday. While overall food inflation slowed in December from the previous month, the prices of onion, fruits, eggs, meat and fish rose at a higher pace during the month …

Wholesale price inflation rises to 2.37% in December; all eyes on RBI’s rate decision next month
2 months, 2 weeks ago

Wholesale price inflation rises to 2.37% in December; all eyes on RBI’s rate decision next month

The Hindu  

Wholesale price inflation rose to 2.37% in December 2024, due to spike in prices of non-food articles, manufactured items as well as fuel and power, even though food items saw marginal easing, government data released on Tuesday showed. “Overall, ICRA expects the headline WPI inflation to rise further to 3 per cent in January 2025, with the uptick in crude …

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices
Trending News
2 months, 2 weeks ago

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices

Deccan Chronicle  

New Delhi: Bringing the Reserve Bank of India’s tolerance band back to the limit of 2- 6 per cent, India’s headline retail inflation rate, measured by the consumer price index or CPI, for December stood at 5.22 per cent, dipping marginally from 5.48 per cent in November, while the November’s CPI also fell from a 14-month high of 6.21 per …

Retail inflation eases to four-month low of 5.22%
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22%

Hindustan Times  

India’s retail inflation eased in December 2024 to a four-month low of 5.22% from a year ago, driven by cooling prices of perishable food commodities, brightening hopes of a rate cut by the central bank. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance …

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices
Trending News
2 months, 2 weeks ago

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices

Live Mint  

New Delhi: India's retail inflation eased to a four-month low in December, driven by a slower increase in food prices, according to provisional government data released on Monday. A Mint poll of 25 economists had estimated retail inflation at a four-month low of 5.3% in December, driven by the seasonal decline in food prices. "In the months ahead, food inflation …

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices

India TV News  

India’s retail inflation rate, measured by the Consumer Price Index slowed to a four-month low of 5.22 per cent in December compared to 5.48 per cent in November, mainly due to the easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index was 5.48 per cent in November and 5.69 …

Falling core inflation raises odds of RBA trimming interest rates in February
2 months, 3 weeks ago

Falling core inflation raises odds of RBA trimming interest rates in February

ABC  

A fall in the Reserve Bank's preferred measure of consumer price rises has increased the odds of an interest rate cut in February, despite an increase in headline inflation. AMP's deputy chief economist Diana Mousina believes the RBA will probably cut interest rates if the annual core inflation rate in the December quarter numbers, due towards the end of this …

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