Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Inflation cooled last month as gas prices fell, though costs remain elevated

The modest decline could ease pressure on the Federal Reserve to raise their key interest rate to combat rising costs. Yet prices are still rising more quickly than average wages, underscoring the struggle many Americans have had with more expensive groceries, gas, and healthcare.

Inflation cooled last month as gas prices fell, though costs remain elevated

We haven't written up this one. PBS NewsHour has the full story — the link below goes straight to it.

Read the original at pbs.org →

More in Finance & Markets

More from Wednesday 12 August →