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Claim Text
Core inflation was up 3.3 percent from a year earlier.
Simplified Text
In July 2026, core inflation was 3.3% higher than the previous year.
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "July 2026",
    "metric": "Core inflation",
    "statistic": "3.3 percent"
}
Subject Tags
UUID
0c57ef1a-7f70-422a-b68a-9d4dfe2c6fc5
Vector Index
✗ No vector
Created
September 18, 2026 at 4:05 AM (3 weeks ago)
Last Updated
September 18, 2026 at 4:05 AM (3 weeks ago)

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Screenshot of https://nytimes.com/2026/09/16/business/economy/federal-reserve-interest-rates-warsh.html
https://nytimes.com/2026/09/16/business/economy/federal-reserve-interest-rates-warsh.html

The Federal Reserve, under Chairman Kevin M. Warsh, raised interest rates by a quarter of a percentage point, the first increase in over three years, to combat elevated inflation. This decision, supported by all 12 FOMC members, lifts rates to a new range of 3.75 to 4 percent.

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