US inflation rate eases to 3.5% as gasoline prices fall

"Gasoline prices are already back above June levels, meaning the next inflation report will heat up again."

— Ipek Ozkardeskaya , Academic

"We share a resolute commitment to restoring price stability."

— Kevin Warsh , Executive

"Instead, we are likely to see a conservative outlook from the Federal Reserve when it meets in a fortnight."

— Lindsay James , Executive

"If we get another hot reading on core inflation this week, then the FOMC will need to consider tightening monetary policy in the near term."

— Christopher Waller , Executive