Live updates: U.S. inflation falls below 3% for first time since 2021

View in browser | nytimes.com   BREAKING NEWS U.S. consumer prices rose 2.9 percent in the year through July, the first time inflation has slipped below 3 percent since early 2021. Wednesday, August 14, 2024 8:39 AM ET The July reading is further evidence that inflation is moderating, and increases the likelihood that the Federal Reserve will cut interest rates in September. Read more   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving Breaking News Alerts, unsubscribe. To opt out of other promotional emails from the Times, manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise California Notice The New York Times Company, 620 Eighth Avenue, New York, NY 10018