2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI

Dow Jones Top Markets Headlines at 1 PM ET: Inflation Was 3.4% in July, Down Slightly From the Previous Month…

Inflation slowed to 3.4% in July, easing Fed tightening concerns and improving financing conditions for September's policy decision. Softer rates unlock IT capex and M&A windows, though Hormuz energy disruptions and commodity volatility complicate tech infrastructure spend plans.