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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 4:43 AM EDT

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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.

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Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent.

See stories by Scott Horsley

Michel Martin

Michel Martin is a host of Morning Edition.

See stories by Michel Martin