Published Aug 11, 2026, 10:49 AM ET · Updated 3 months ago · 1 source

Is inflation really slowing? Fed rate hike hinges on July price report.

MarketWatch
MarketWatch
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Is inflation really slowing? Fed rate hike hinges on July price report.

A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.