SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Business News

The Economic Times

Business / The Economic Times

details

Fed seen a bit more likely to hike after inflation data

US inflation data showed a slight increase in July. The personal consumption expenditures price index rose to 3.7 percent. Core inflation remained unchanged, indicating persistent underlying pressures. This data strengthens the argument for a Federal Reserve interest rate hike. Traders now anticipate a higher probability of a September rate increase.

26 Aug 2026 7:54 pm