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Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. 
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Information
Source name: 
The Associated Press
Unique identifier: CP215342586 
Legacy Identifier: 69322762f8864da6bdf658dddb5c694a 
Type: Video 
Duration: 1m34s 
Dimensions: 1920px × 1080px     115.59 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 8/15/2024 8:18:02 PM 
Display aspect ratio: 16:9