• 09/22/2024

Inflation stabilized at well below last year’s high but still above prepandemic levels, tempering hopes for near-term Fed rate cutsand maintaining price and interest-ratepressures on weary Americans.

Wall Street Journal

Inflation stabilized at well below last year’s high but still above prepandemic levels, tempering hopes for near-term Fed rate cuts and maintaining price and interest-rate pressures on weary Americans.

https://www.wsj.com/economy/what-to-watch-in-cpi-report-firm-underlying-inflation-could-complicate-prospect-for-interest-rate-cuts-c6d881a9