core CPI – One America News Network

NEW YORK, NEW YORK - MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The Labor Department reported that consumer inflation rose 7.9% over the past year, the largest rise since 1982, raising the prices of gas and consumer goods. Grocery costs rose to 8.6%, the biggest year-over-year increase since 1981, and gas prices increased 38% all within a 12 month period ending in February. (Photo by Michael M. Santiago/Getty Images)

Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed

Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.

The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll

The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.

A shopping cart at a supermarket in Manhattan. REUTERS/Andrew Kelly

US consumer prices unchanged in May; rate-cut expectations rise

U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.

A family shops at the Wal-Mart Neighborhood Market. REUTERS/Rick Wilking

US consumer prices accelerate; seen delaying Fed rate cut

U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.