PCE inflation held at 3.7% year-over-year in July 2026
The Commerce Department's Bureau of Economic Analysis reported on August 26, 2026 that the PCE price index rose 3.7% year-over-year in July, unchanged from June and above the Fed's 2% target. Core PCE held at 3.3% year-over-year, with both headline and core rising 0.2% month-over-month. Second-quarter GDP growth was unrevised at 1.5%.
33
Divergence score
This event sits in the top 17% of divergence this week. 8 outlets covered it, splitting into 8 framing camps across 4 bias groups.
8 camps
4 bias groups
The spectrum · how 8 outlets placed this story
LeftCenterRight
Washington Times
Al Jazeera
Globe and Mail
Breitbart
CNN
Reuters
Wall Street Journal
The Hill
Supportive of action
Neutral
Dismissive
Critical
Alarmist
International angle
Widest split · the two outlets furthest apart, and who published first
Furthest apart on this story
Breitbart
Underlying Pace of Inflation Remained Soft In July, Giving Fed Room For Patience on Hikes
soft underlying inflation, room for patience · positive
CNN
Consumers pulled back on spending in July in the face of continuing price pressures
consumer spending slowdown amid price pressures · negative
First to report
- CNNfirst
- The Hill+20.1 h
- Wall Street Journal+20.2 h
- Globe and Mail+20.5 h
- Reuters+21.4 h
- Washington Times+21.8 h
- Breitbart+23.1 h
- Al Jazeera+24.8 h
By each outlet's earliest publish time in this story. Feeds that index slowly can appear later than they printed.
The split, in one line
Breitbart frames the data as underlying pace remained soft and room for patience on hikes, while Al Jazeera and Globe and Mail emphasize inflation remains sticky with rate hike odds rising, and the wires report the numbers straight.
How each outlet covered it
Broad agreement on what happened
Outlets across the spectrum land in roughly the same place: the shared language is highlighted.
THE LEFT
“Consumers pulled back on spending in July in the face of continuing price pressures”CNN CNN LEFT
33LOW DIVERGENCE
THE RIGHT
“Key inflation gauge remains elevated during Iran conflict and ongoing U.S. trade fights”WT Washington Times RIGHT
DOWN THE MIDDLE
“US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%” · Al Jazeera, Globe and Mail, Reuters, The Hill
+Hide the full sourcingSee how all 8 outlets put it
LEFT1
CNNCNN Consumers pulled back on spending in July in the face of continuing price pressures 17d ago CENTER2
RReuters US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5% 16d ago HThe Hill Fed's preferred inflation gauge remains flat at 3.7 percent in July 16d ago RIGHT-CENTER1
WSJWall Street Journal Fed's Preferred Inflation Gauge Remains Above Target Range 16d ago 12 tracked claims across 8 outlets
Fact ledger
All12Disputed1Claimed4Corroborated7
1/8
Disputed
Fed funds futures implied roughly 38-42% probability of a September rate hike after the report
Corroborated
Disputed
11 more tracked claimsSign up free to see the full ledger