Inflation Holds Steady Ahead of the Fed’s September Decision

Investopedia Markets News (all except PF) · Aug 26, 2026

A temporary drop in gasoline prices wasn’t enough to force down the overall inflation index.Credit: Ronaldo Schemidt / AFP via Getty ImagesKey TakeawaysThe Fed’s preferred inflation measure rose 3.7% in July, slightly above forecasts.Core inflation, excluding food and gas, increased 3.3%, aligning with expectations.The report leaves uncertainty about whether the Fed will raise interest rates in September.The Fed’s preferred measure of inflation stayed in a holding pattern in July, increasing slightly more than forecasters had expected.The Personal Consumption Expenditures price index rose…