19-August-2026
Economy News
 
Charting the Global Economy: US CPI softens, UK economy expands
19-Aug-2026

Underlying US inflation showed few signs of accelerating in July as the energy-price shock from the war in Iran continued to fade, reinforcing the case for the Federal Reserve to hold off on interest-rate hikes in the near term. Economies in Europe continued to show resilience, with the UK expanding in June and France also expected to maintain its momentum this quarter.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-us-cpi-softens-uk-economy-expands/articleshow/133269481.cms