28-August-2026
Economy News
 
US inflation holds at 3.7% in July, complicating Fed rate debate
27-Aug-2026

Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent war-induced peak is likely to intensify the central bank's debate over whether interest rates should be lifted or held steady.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-inflation-holds-at-3-7-in-july-complicating-fed-rate-debate/articleshow/133542657.cms
 
 
 

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