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.
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First reported by Calcalist · Jul 14, 2026
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.
Full coverage · 2 outlets
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