Economy · Important news for 13 August 2026
US inflation rises 0.1% in July, easing pressure on the Federal Reserve
Official economic reports for July show that U.S. inflation ticked up by 0.1% with consumer prices for goods and services coming in largely on target, easing pressure on the Federal Reserve and bolstering arguments to hold interest rates steady.
- US inflation rose by 0.1% in July.
- The data bolsters the argument for the Federal Reserve to hold rates.
- July CPI inflation readings met expectations
- Consumer prices for goods and services were on target
Part of the storyline: Will the Fed raise rates again?
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