US annual inflation cooled to 3.4% in July as gas prices ease

Annual inflation slowed for the second month in a row, cooling to 3.4% in July as prices at the pump delivered less of a bite, according to new data released Wednesday by the Bureau of Labor ...

Odds of a Bank of Canada rate hike in December rise with oil in the inflation driver's seat, say economists

Canada’s annual rate of inflation in August may have remained at three per cent, but some economists say the odds of a ...

Elevated Inflation Keeps Pressure on Fed to Raise Interest Rates

The details in the latest Consumer Price Index report could compel the Federal Reserve to raise interest rates.

Annual core inflation climbed by 3.3% in July

Core personal consumption expenditures, a key measure of inflation for the Federal Reserve, increased by 3.3% on an annual basis in July.

Here’s the inflation breakdown for August 2026 — in one chart

Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said.

CPI report shows inflation eased in July to a 3.4% annual pace

The CPI report was in line with economists' expectations, marking the second consecutive month with cooler price pressures.

Canada's August inflation holds steady at 3% as crude stays firm; food prices ease

By Promit Mukherjee OTTAWA, Sept 14 (Reuters) - Canada's annual inflation growth rate held at 3% in August, same as last ...