US inflation drops further making rate cut likely

Quick Summary:

Consumer prices in the US rose 2.5% over the 12 months to August, the slowest pace since February 2021.

Is US economy better or worse now than under Trump?

Inflation was down from 2.9% in July and marked the slowest pace since February 2021.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Business

Markets: United KingdomUkraine

Topics: Bank Rising Costs External Price Central Pace Continued Figures Prices Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 13:05:43 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22460461

View Article Analysis

About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

Frequently Asked Questions