Business

Fed Rate Hike Depends on July Inflation Report

Updated 2026-08-11 14:55 UTC 1 source Neutral

The Federal Reserve may raise interest rates soon despite a surprising decline in U.S. jobs last month, pending a tame inflation report for the second straight month. The Fed's decision hinges on this key economic indicator.

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MarketWatch
A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.
2026-08-11 14:49 UTC
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