EconomyUS Core Inflation Was Subdued in July, Easing Pressure on Fed
Underlying inflation in the United States remained subdued in July. The reading could reduce pressure on the Federal Reserve to raise interest rates. The data point to a softer inflation backdrop for the central bank. Its implications are framed as easing, rather than eliminating, the pressure to tighten policy.
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Bloomberg News★★★☆☆2026-08-12 13:55Original
US Core Inflation Was Subdued in July, Easing Pressure on Fed
Economy