July 2026 CPI: Inflation Cools Modestly but Stays Stubbornly Above Target, Keeping Fed on Hold - EconoTimes

Released on August 12, the July 2026 U.S. CPI report showed inflation somewhat decreasing but still far over the Federal Reserve's 2% target. Headline CPI increased 3.4% year-over-year, down from 3.5% in June, and the monthly gain was a mod
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