https://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-julyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-julyhttps://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-july#u53428Tue, 01 Sep 2026 01:41:16 +0000Federal Reserve Chair Kevin Warsh indicates interest rate hikes may be necessary after July data showed core prices rose 3.3% annually. This figure exceeded expectations and coincided with a slowdown in consumer spending. Warsh reaffirmed the central bank's commitment to price stability during the Jackson Hole conclave, noting that inflation still sits above the 2% target despite a stable labor market. Recent military strikes between the U.S. and Iran have further increased oil prices, intensifying inflation concerns and driving U.S. stock index futures lower.Why it mattersThe Federal Res https://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-julyhttps://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-july#u51748Sat, 29 Aug 2026 12:15:55 +0000Federal Reserve Chair Kevin Warsh signaled interest rate hikes during the central bank's annual Jackson Hole conclave. Warsh stated that inflation currently exceeds the Fed's 2% target, although the labor market remains stable. This shift follows July data showing core prices rose 3.3% annually, which surpassed expectations and slowed consumer spending. While Bank of America predicts three rate hikes and continued inflation through 2028, CEO Brian Moynihan maintains that a recession is not coming.Why it mattersThe Federal Reserve uses its preferred inflation gauge to determine whethe https://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-julyhttps://www.live-feeds.com/feed/fed-s-favored-inflation-gauge-rose-more-than-expected-in-july#u49452Thu, 27 Aug 2026 03:01:41 +0000The US inflation rate rose more than expected in July, with the Federal Reserve's preferred gauge showing core prices increased 3.3% annually. Consumer spending growth slowed as price pressures continued. This development may impact the Fed's decision on interest rates in September.Why it mattersThe inflation rate has significant implications for the Federal Reserve's monetary policy. The Fed has been closely monitoring inflation as it considers adjusting interest rates. A higher inflation rate may lead to increased borrowing costs, affecting consumers and businesses. The curren