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Inflation tops poll; Fed holds rates, war deemed costly

8/7/2026

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Story summary
  • A Marquette University poll found 35 percent of U.S. adults rank cost of living and inflation as the top issue.
  • Seventy-five percent said the Iran war is not worth the cost and 88 percent said the United States has not achieved its goal.
  • After inflation fell to 3.7 percent in June, the Federal Reserve (Fed) kept its benchmark rate unchanged at the end of July, though three regional presidents favored a hike.