Washington, United States, 12 August 2026 – United States consumer prices rose just 0.1% in July as gasoline declined for a second consecutive month, reinforcing expectations that the Federal Reserve can keep interest rates unchanged at its September meeting.
The monthly Consumer Price Index increase followed a 0.4% decline in June, the first monthly fall in six years. The July figure matched economists’ expectations, limiting the likelihood of an immediate market repricing based on the headline alone.
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