13-August-2026
Economy News
 
US CPI inflation slows as expected; focus shifts to Fed’s September rate decision
13-Aug-2026

The US Bureau of Labor Statistics has released the US CPI data for July. The annual inflation rate in the US decreased to 3.4% in July 2026, down from 3.5% in June, continuing the trend from May’s high of 4.2%. The Consumer Price Index (CPI) rose by 0.1% monthly, recovering from June’s 0.4% decline, which was the first drop since May 2020.

News Source:- https://www.financialexpress.com/market/global-markets/us-inflation-cools-as-expected-markets-turn-to-feds-september-rate-call/4316263/?ref=markets_hp