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Inflation Slows, Fed Watches Closely | Global News
- Published
- August 14, 2026
- Duration
- 1:49
- Summary source
- description
- Last updated
- Aug 16, 2026
Discusses daily.
Summary
Wholesale inflation cooled last month, offering a glimmer of relief as prices may not spike as fast for consumers. The producer price index rose just 4.7% year-over-year — down from 5.5% the prior month — and held steady between June and July. Core inflation, excluding volatile food and energy, dipped to 4.2%, while monthly increases slowed to just 0.2%. …
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Show notes
Wholesale inflation cooled last month, offering a glimmer of relief as prices may not spike as fast for consumers. The producer price index rose just 4.7% year-over-year — down from 5.5% the prior month — and held steady between June and July. Core inflation, excluding volatile food and energy, dipped to 4.2%, while monthly increases slowed to just 0.2%. Gas prices wobbled early in July before rebounding, potentially pushing August’s numbers higher. Meanwhile, non-energy business costs are falli
Themes
- daily