Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement
Read the primary sourceDaily briefing · July 30, 2026
Today's Economic Brief
The latest official readings show consumer-price growth at 3.7%, unemployment at 4.2%, annualized real GDP growth at 2.1%. New releases and revisions can change that picture.
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What changed
Major Economic Indicators Latest Numbers
Consumer Price Index (CPI): -0.4% in Jun 2026 News Release Historical Data Unemployment Rate: 4.2% in Jun 2026 News Release Historical Data Payroll Employment: +57,000(p) in Jun 2026 News Release Historical Data Average Hourly...
Read the primary sourceProductivity growth, as seen in 1996
The recent AI boom has renewed debate about how official statistics capture changes in productivity growth and how any lags or limitations might impact monetary policy. For example, in the 1990s, some believed that low measures...
Read the primary source02
Why it matters
- Consumer-price growth is 3.7%, up 1.3 percentage points from May 2025.
- Unemployment rate is 4.2%, down 0.1 percentage points from May 2025.
- Federal funds rate is 3.63%, down 0.7 percentage points from Jul 2025.
These comparisons describe published observations; they do not assign causes.
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