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Nightly News
Inflation cools ahead of expected Fed interest rate cut
Catch up with NBC News Clone on today's hot topic: Inflation Cools Ahead Of Expected Fed Interest Rate Cut 219116101860 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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The Labor Department reported that inflation cooled to a 2.5 percent annual rate in August, and mortgage rates have dropped to their lowest level since February 2021. The inflation report set the stage for the Fed to cut interest rates next week. NBC News' Christine Romans reports.Sept. 11, 2024
