Inflation Data Looms as Fed Officials Signal Data-Dependent Stance

FOMC Rate Watch

Philadelphia Fed President Paulson keeps an open mind, confident in current rates but watching core inflation at 3.3% vs her 2.4-2.8% estimate. Upcoming inflation data will be key for September decision. Rising oil prices from Middle East conflicts add inflationary pressure.

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Updated Aug 4, 2026

FOMC Rate Watch

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Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind

Current Interest Rates: Paulson Confident, But Inflation Data Looms