July CPI Cools to 3.4%, But Fed Hold Still Favored for September

On August 12, 2026, the Bureau of Labor Statistics (BLS) released its July Consumer Price Index (CPI) report, showing annual inflation cooling to 3.4% as energy prices fell 1.5%. Despite softer inflation, traders on prediction platforms like Kalshi still favor a Fed rate hold at the September 2026 Federal Open Market Committee (FOMC) meeting, with […] Read The Full Article July CPI Cools to 3.4%, But Fed Hold Still Favored for September On Coi…