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Fed's July Monetary Policy Reports Says Inflation Remains Elevated, Driven By Tariffs And Factors Related To Middle East War, AI; Already Strong Inflation Ticked Up Further In The Spring; Labor Market Broadly Stable, 'SOLID' Nominal Wage Growth Has Been Joined By ‘strong’ Productivity Gains; Economic Activity Expanding At SOLID Pace Despite Elevated Uncertainty Due To Iran WarAsset Values In Stocks, Corporate Debt, Residential Real Estate Above Historic Norms; Foreign Economic Activity Growth Was Subdued In
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https://www.federalreserve.gov/monetarypolicy/files/20260710_mprfullreport.pdf

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