U.S. inflation showed a slower-than-anticipated increase in August, offering a potential sign of easing price pressures after months of elevated costs. Meanwhile, consumer spending remained robust, suggesting strong underlying demand despite economic uncertainties. Economists will closely watch whether this trend continues as policymakers assess the balance between cooling inflation and supporting growth. The latest data could influence expectations for future interest rate decisions.
US inflation rises less than expected in August; consumer spending surges Reuters
