US CPI Data Drops To 2.5%: A Sign of Economic Stability?

The U.S. Bureau of Labor Statistics has reported a drop in August’s Consumer Price Index (CPI) inflation rate to 2.5%, falling below the expected 2.6%. This marks the end of a 40-month streak where inflation stayed at or above 2.9%, and it’s the fifth month in a row of declining CPI inflation.  The drop in … source: https://coinpedia.org/news/us-cpi-data-drops-to-2-5-a-sign-of-economic-stability/