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 Bellevue becomes destination for AI companies February 10, 2026 Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy February 09, 2026 Amazon layoffs include more than 2,000 jobs in Seattle area February 02, 2026