What To Expect From Thursday’s Report On Inflation

Investopedia Markets News (all except PF) · Jul 28, 2026

Credit: David Paul Morris / Bloomberg via Getty ImagesKey TakeawaysThe Fed’s preferred inflation gauge likely showed inflation decelerating in June, similar to the Consumer Price Index report released earlier in the month.The drop in the inflation rate is expected to stem from gasoline prices falling that month, although prices have risen since.The report will come too late to influence the Fed’s decision Tuesday and Wednesday whether to raise interest rates to counteract high inflation.The Federal Reserve’s favorite measure of inflation is likely to show consumer prices fell in June due to a…