Bunnie Lucienne

Us Current Inflation Rate 2024 Pdf. The consumer price index rose 2.5% in august 2024, on an annual basis, the bureau of labor statistics said. That cpi inflation reading is the lowest since february 2021.

Here are the key takeaways from the august us consumer price index report released wednesday: Inflation falling closer to the federal reserve’s goal of a 2% annual rate clears the path for the fed to cut the central bank’s benchmark interest rate starting in.