https://www.live-feeds.com/feed/us-inflation-holds-at-3-7-percent-in-july-above-fed-targetContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-inflation-holds-at-3-7-percent-in-july-above-fed-targethttps://www.live-feeds.com/feed/us-inflation-holds-at-3-7-percent-in-july-above-fed-target#u50528Fri, 28 Aug 2026 06:41:28 +0000US inflation remained at 3.7 percent in July, staying above the Federal Reserve target. Core prices, the Fed's preferred measure, rose 3.3 percent annually during the month. Persistent price pressures led consumers to reduce spending. Energy costs continue to drive prices higher, while broader economic stability is challenged by ongoing US trade conflicts and a war involving Iran. These factors contribute to a sticky inflation environment that resists downward movement toward the central bank's goal.Why it mattersThe Federal Reserve monitors core inflation to determine interest rate