Is inflation really slowing? Fed rate hike hinges on July price report.

A weaker-than-expected jobs report hasn't shifted Fed expectations toward an imminent rate cut, but two consecutive months of moderating inflation could reverse that stance. The market is now pricing the Fed's next move around the July CPI print—a single data point that could either validate the disinflationary trend or force policymakers to hold steady, making inflation data the critical pivot for near-term positioning.

The full story is at marketwatch.com

We index this publisher by headline and excerpt — we don't republish their reporting. Everything we hold on this story is above; the rest is one click away.