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