U.S. inflation cools again, giving Fed room to slow rate hikes

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U.S. inflation cools again, giving Fed room to slow rate hikes
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U.S. inflation, measured by the consumer price index, continues to slow. Read more

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Excluding food and energy, the consumer price index rose 0.3 per cent last month and was up 5.7 per cent from a year earlier, according to a Labor Department report Thursday. Economists see the gauge — known as the core CPI — as a better indicator of underlying inflation than the headline measure.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

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