U.S. inflation holds at 3.4% in August
U.S. annual inflation was unchanged at 3.4% in August, matching expectations, while core inflation eased to 2.4% year over year. The monthly CPI rose 0.4%, with gasoline the biggest driver.
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US Inflation Cools to 3.4% in July
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase
Air Fares Unchanged
Air fares may not fall until September despite lower oil prices due to high demand and optimized airline capacity