MINUTES
About Minutes
Back to latest

EconomyUS inflation remains sticky in July; second-quarter GDP unrevised at 1.5%

Annual U.S. inflation unexpectedly held steady in July, staying well above the Federal Reserve’s 2% target for a 65th consecutive month. The halt in its decline from a recent Iran-war-driven peak is likely to intensify the central bank’s tense debate over raising rates or holding them steady.

US inflationFederal ReserveGDP

RReuters★★★☆☆2026-08-26 13:05Original

US inflation remains sticky in July; second-quarter GDP unrevised at 1.5%
US inflation remains sticky in July; second-quarter GDP unrevised at 1.5%Economy