U.S. inflation rises again and stays well above the Fed’s target. A rate hike could be in play.
Reported by MarketWatch · marketwatch.com · August 26, 2026
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve closer to a vote to raise interest rates next month.
What the tape says
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
Market reaction today: $TGT +0.26%
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