Fed seen a bit more likely to hike after inflation data
- Posted on August 26, 2026
- By Business News Today
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- 1 min read
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Fed seen a bit more likely to hike after inflation data
US inflation data showed a slight increase in July. The personal consumption expenditures price index rose to 3.7 percent. Core inflation remained unchanged, indicating persistent underlying pressures. This data strengthens the argument for a Federal Reserve interest rate hike. Traders now anticipate a higher probability of a September rate increase.
