Economy · Full coverage
US Inflation Unexpectedly Slows to 3.5% Annual Rate in June
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Center 1Unrated 1
First reported by Calcalist · 2 hours ago
What happened
US inflation unexpectedly slowed to 3.5% annually in June, driven by falling energy prices, while core inflation remained steady. Employment growth slowed sharply, but unemployment fell slightly. The Federal Reserve kept interest rates unchanged, signaling possible future hikes.
- 01US inflation rate dropped to 3.5% annually in June, below the 3.8% forecast.
- 02Consumer prices fell 0.4% seasonally adjusted, largest drop in over six years.
- 03Core inflation held steady at 2.6%, below the expected 2.9%.
- 04June job growth slowed to 57,000, missing the 110,000 forecast, with May revised down.
- 05Unemployment rate decreased to 4.2%.
- 06Federal Reserve kept interest rates at 3.75%, hinting at possible future hikes.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
In this story
People
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
US Job Growth Slows Sharply in June, Missing Expectations Amid Inflation ConcernsJul 2, 2026US Inflation Drops Sharply in June Amid Energy Price Collapse, But Risks Remain49 minutes agoOil Prices Surge, Pushing U.S. Inflation to 4.2% in May, a Three-Year HighJun 10, 2026New Fed Chair Clarifies Commitment to Curb Inflation Below 2% Despite Political PressureJul 1, 2026Fed Keeps U.S. Interest Rate at 3.75% in Kevin Warsh’s First MeetingJun 17, 2026Israeli Inflation Expected to Drop Sharply Tomorrow, Yet Bank of Israel Holds Interest Rates10 hours ago
