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Inflation Moderates in August, Core CPI Up Just 0.1 Percent

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Inflation Moderates in August, Core CPI Up Just 0.1 Percent

One-time declines held down inflation in August, but will likely get back to around a 2.5 percent rate in the core. When supply constraints relax, lower car prices will dampen inflation.

By Dean Baker

Preview: What to Look for in August Jobs Report

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Preview: What to Look for in August Jobs Report

Given the sharp drop in the number of unemployed workers on temporary layoff, and the unusually high share of long-term unemployment, we are likely to see job growth closer to 500,000 than the extraordinary pace of the last three months.

By Dean Baker