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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

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