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

MarketWatch· Jeffry Bartash· Aug 11, 2026 · 2:49 PM
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.

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