July’s inflation report was close enough to expectations to ease pressure on the Federal Reserve to raise interest rates next month without resolving much about the outlook beyond that

The consumer-price index came in as expected: not soft enough to take a rate increase off the table, not firm enough to force one. 2026-08-12 15:56:00 Nick Timiraos

Continue ReadingJuly’s inflation report was close enough to expectations to ease pressure on the Federal Reserve to raise interest rates next month without resolving much about the outlook beyond that