Current US Inflation Rates: 2000-2024 - US Inflation Calculator
WEBSep 11, 2024 · In 2023, the average inflation rate was 4.1%. These average rates are published by the BLS but are rarely discussed in the news media, taking a back seat to the actual rate of inflation for a given calendar year.
The Federal Reserve cuts interest rates for first time since 2020
WEB1 day ago · Inflation is slowing — but so is the job market. The rate cut on Wednesday comes as the annual inflation rate has fallen sharply, to 2.5% last month, from a peak of 9.1% in June 2022.
How Inflation and High Interest Rates Have Changed the …
WEB23 hours ago · As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks. ... I do see it being better than 2023 and 2024.” ...
The Fed cuts key rate by half-point, signaling end to its inflation ...
WEB1 day ago · The Fed’s move Wednesday reverses the inflation-fighting effort it engineered by raising its key rate 11 times in 2022 and 2023. Wage growth has since slowed, removing a potential source of inflationary pressure. And oil and gas prices are falling, a sign that inflation should continue to cool in the months ahead.
December 2023 CPI Report | CEA | The White House
WEBJan 11, 2024 · Inflation as measured by the Consumer Price Index rose 0.3 percent in December, and by 3.4 percent in 2023 (from Dec. ’22 to Dec. ’23; see CEA’s X thread for more analysis of today’s report).
America’s final inflation report for 2023 just came in - CNN
WEBJan 11, 2024 · US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in painfully high inflation. The Consumer Price Index, which measures the...
A year in review: exploring consumer price trends in 2023
WEBMay 2, 2024 · Inflation persisted in 2023, albeit at a decelerating rate compared with 2021 and 2022. Over the year, the Consumer Price Index (CPI) grew by the third largest over-the-year rate since 2007.
WEBThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in December on a seasonally adjusted basis, after rising 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment.
CPI Home : U.S. Bureau of Labor Statistics
WEBConsumer prices up 2.9 percent from July 2023 to July 2024. Over the year ended July 2024, the Consumer Price Index for All Urban Consumers increased 2.9 percent. This was the first time since March 2021 that 12-month increase was below 3.0 percent, when prices rose 2.6 percent.
September Inflation Report - The New York Times
WEBOct 12, 2023 · Consumer prices rose 3.7 percent in the year through September. There were some optimistic details in the report, but the path to fully wrangling inflation remains long and bumpy.