Fed Reaffirms Commitment to Price Stability Amid Inflation Concerns

Published: Jul 12, 2026 16:53

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The US Fed submitted its July Monetary Policy Report to Congress, in which it once again emphasized policymakers’ commitment to achieving price stability. The report noted that since early this year, the Iran war had driven energy prices to climb, worsening inflation. The US Fed made clear that it stands ready to use all available policy tools to pursue its goals of full employment and price stability, a stance that is especially important when the federal funds rate is constrained by the effective lower bound.

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