Business

Inflation Data and Economic Trends

Updated 2026-08-26 12:40 UTC 2 sources Neutral

The Federal Reserve’s preferred inflation gauge showed core prices rising 3.3% annually in July, slightly below expectations. Meanwhile, a new report highlights the growing trend of young Americans renting due to unaffordable homeownership.

Coverage timeline — 2 articles
MarketWatch
People once believed if they worked hard, they could become homeowners, but ‘we’re coming to terms with the fact that perhaps most won’t. And that’s the new normal.’
2026-08-26 12:30 UTC
CNBC
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
2026-08-26 12:35 UTC
Share: Twitter / X LinkedIn