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

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.

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

SUSTAIN what matters. BUILD what’s next.

With federal funding eliminated, WKAR relies more than ever on community support to sustain essential services that remain freely available to everyone in mid-Michigan. Your support helps shape what comes next for public media in our region. The best way to support WKAR is by becoming a sustaining member today or by upgrading your current gift. Support WKAR TV Here | Support WKAR Radio Here.