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Latest inflation report may give the Fed more time for its control efforts

NPR | By Scott Horsley,
Michel Martin
Published August 13, 2026 at 1:43 AM PDT

Inflation cooled a bit last month. Gas and grocery prices dipped and the overall cost of living rose more slowly, giving the Federal Reserve some breathing room for inflation control efforts.

Copyright 2026 NPR
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent.
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Michel Martin
Michel Martin is a host of Morning Edition.
See stories by Michel Martin