7 hours ago - The annual inflation rate in the US slowed for a second consecutive month to 3.4% in July 2026, from 3.5% in June, in line with expectations. Inflation moved further below the 2023 high of 4.2% reached in May, as the impact of the energy shock caused by the war with Iran continued to ease.

August 12, 2026 - The key question for the inflation-fighters at the Federal Reserve — not to mention for consumers struggling with high gas and grocery prices — is how quickly those one-time effects will fade or whether they will lead to persistently rising prices. Wednesday's figures could bolster officials at the Federal Reserve who believe the central bank can leave its key rate on hold at about 3.6% while inflation steadily declines on its own as those temporary factors fade.

July 16, 2026 - Consumers learned July 14 that inflation “cooled” in June, thanks in part to falling gas prices. But prices still rose. In fact, the 3.5% annual inflation rate for June was higher than the inflation rate in any month of 2025.

January 13, 2026 - Signs that inflation is cooling could make it more likely that the Federal Reserve will reduce its key interest rate later this year, which could translate into lower borrowing costs for mortgages, auto loans, and credit cards.

2 weeks ago - The annual inflation rate in the United States was 3.4% for the 12 months ending August, the same as in July, according to U.S. Labor Department data released September 11, 2026. The next update is scheduled for October 14 at 8:30 a.m. ET and will cover the 12 months ending September.

August 12, 2026 - Despite the deceleration in July, inflation is still running above the Fed’s target of a 2% annual rate.

Charts for Economic News Releases The Charts for News Releases complements the written analysis and data tables in BLS news releases. CPI Inflation Calculator The CPI inflation calculator uses the Consumer Price Index for All Urban Consumers (CPI-U) U.S.

July 14, 2026 - "This reading is very much in the camp that the inflation we've had this year is transitory," said Michael Metcalfe, head of macro strategy at State Street Markets. "Yes, gas prices went up, but nothing else did, more or less." Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.

August 17, 2026 - ... July’s CPI report reinforced the view that inflation continues to cool, with softer headline and core readings, easing shelter costs, and lower energy prices giving the Fed greater flexibility to remain patient, though rising oil prices remain a key risk to watch.

September 3, 2025 - Columbia Business School research shows Fed rate cuts may cool inflation by lowering rents, reshaping the debate ahead of the September FOMC meeting.

2 weeks ago - Whether inflation feels like it's cooling or getting hotter depends not just on the national headline number but also on where someone lives and what they're buying.

2 weeks ago - Find latest business news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.

1 month ago - Take grocery prices, which fell over the month, yet are up 2.7 percent from a year ago. Kush Desai, a White House spokesman, touted that prices for meat had “cooled” in July and eggs and other essentials “remain low.”

2 weeks ago - The current U.S. inflation rate is 3.4%. The CPI rose 0.4% from July to August. The core CPI, excluding food and energy, was up 2.4% from a year ago, compared to 2.5% for the year ending in July.

July 31, 2026 - The Federal Reserve’s go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than expected this latest quarter, according to federal data published Thursday, as persistent concerns about rising consumer costs are expected to push the central bank toward an interest rate hike.

February 13, 2026 - Friday's report suggests inflation is cooling, but it comes after the cost of food, gas, and apartment rents soared after the pandemic, with consumer prices about 25% higher than they were five years ago.

November 13, 2024 - When the Federal Reserve tells us inflation is cooling or easing, all it is saying is that the rate or speed of price increases is slowing.

1 week ago - This marks the end of expansion and the beginning of contraction. Prices are typically at their highest in the peak stage of the business cycle, and inflation is also high. At this point, the Fed raises rates to cool inflation and slow down the economy, which leads to contraction.

5 days ago - This measure tracks how the average cost of a broad basket of goods and services changes over a 12-month period. Looking ahead, inflation is expected to ease, with the annual rate projected to fall to around 2.1 percent in 2027.