EconomyUS inflation remains sticky in July
US inflation stayed above the Federal Reserve’s 2 percent target for a 65th consecutive month. The PCE price index rose 3.7 percent year on year in July, exceeding expectations and strengthening bets on a rate hike as soon as September. Energy costs surged after the US and Israel attacked Iran, while new tariffs after failed Canada talks could add pressure.
AAl Jazeera★★★★☆2026-08-26 17:28Original
US inflation remains sticky in July
Economy