U.S. Inflation
Inflation Remains Sticky But Dropping
U.S. consumer prices rose slightly in August, but underlying inflation remained sticky amid higher rents and costs for some services, which could discourage the Federal Reserve from delivering a half-point interest rate cut next week. The mixed inflation report from the Labor Department on Wednesday followed data last week showing the labor market still cooling in an orderly fashion in August, with the unemployment rate retreating from near a three-year high touched in July.









