US inflation cooled off in August for the second-straight month but remained stubbornly high, according to data from the Bureau of Labor Statistics released September 13. Cars are seen here at a gas station in Daytona Beach, Florida, on September 6.
Mandatory Credit:	Clayton Park/News-Journal/USA Today Network

US inflation cooled off in August for the second-straight month but remained stubbornly high, according to data from the Bureau of Labor Statistics released September 13. Cars are seen here at a gas station in Daytona Beach, Florida, on September 6.
Mandatory Credit: Clayton Park/News-Journal/USA Today Network

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US annual inflation eased last month but remains stubbornly high

US inflation cooled off in August for the second-straight month but remained stubbornly high, according to data from the Bureau of Labor Statistics released Tuesday.