 Time for Money News on WTOP, 10 and 40 past the hour, brought to you by PenFed. Great rates for everyone. Here's Jeff Claybaugh. Consumer prices fell for the first time since the onset of the pandemic in June, down a tenth of a percent, which brings annual inflation down to 3%. That's the lowest in more than three years. The Federal Reserve's next rate meeting is July 30th, then again in September.