Business

Inflation Eases as Fed Rates Uncertainty Grows

Updated 2026-08-12 14:25 UTC 1 source Neutral

Consumer prices in July saw a smaller annual increase, making it less likely the Federal Reserve will raise interest rates in September. This news affects economic policy and market expectations.

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NPR
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September.
2026-08-12 14:00 UTC
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