Inflation fell to 3.4% in July, easing bit of pressure on Fed

Inflation fell in July as Iran war marches on

Inflation ticked down slightly in July, amid the resumption of strikes between the U.S. and Iran. The consumer price index (CPI) increased 0.1 percent last month, according to data released Wednesday by the Bureau of Labor Statistics (BLS). The annual inflation rate declined to 3.4 percent, down from 3.5 percent in June. Both tallies landed…

Aug 12, 2026

Producer prices fell to 4.7% in July amid inflation concerns

Inflation, as measured by the producer price index, fell eight-tenths of a percentage point to 4.7% for the year ending in July, the Bureau of Labor Statistics reported on Thursday. Economists have been closely examining PPI reports and other inflation reports amid the war with Iran and concerns that the energy price pressures will continue […]

Aug 13, 2026

Inflation fell to 3.4% in July, easing bit of pressure on Fed

Inflation fell one-tenth of a percentage point in July to 3.4%, a decline that comes as the Federal Reserve considers whether to raise interest rates in the coming months. The Bureau of Labor Statistics reported the update to the consumer price index on Wednesday. In July alone, prices only rose 0.1%. Still, inflation is well […]

Aug 12, 2026