News & Stories Business Lower gas prices helped inflation cool in June Scott Horsley July 11, 2024 / 2:12 pm Inflation fell in June, as a drop in gasoline prices more than offset the modest monthly rise in rent. This could help clear the way for the Federal Reserve to cut interest rates in September. Why you can trust KUOW Recommended Stories Howard Schultz moves away from Starbucks roots, trading Seattle for Miami March 11, 2026 Starbucks union pushes back against plans to close 5 Seattle stores March 10, 2026 Starbucks to relocate supply chain workers from HQ to new Nashville office March 04, 2026