Associated Press August 26, 2026 • 14:29

Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights - AP News

By Christopher Rugaber

Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights - AP News

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs. The Commerce Department’s Wednesday report showed that prices rose 3.7% in July compared with a…

WASHINGTON (AP) An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs.
Stubbornly high… [+5408 chars]

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