Elise Lacroix, owner of Stop & Go in Brattleboro, Vt., changes the oil on a vehicle at her shop on July 15, 2024. (Kristopher Radder/The Brattleboro Reformer via AP, File)
August 14, 2024
Stories this photo appears in:
August 14, 2024 9:05 a.m.
Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
WASHINGTON (AP) — 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.