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July PCE inflation index held at 3.7% annual pace, slightly hotter than expected

The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost pressures for consumers. Economists polled by FactSet had predicted a 3.6% annual increase. Wednesday’s report instead showed that inflation remained unchanged from June. PCE tracks changes…

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National Institutes of Health Director Dr. Jay Bhattacharya on “Face the Nation with Margaret Brennan,” Aug. 9, 2026

The following is the transcript of an interview with National Institutes of Health Director Dr. Jay Bhattacharya that aired on “Face the Nation with Margaret Brennan” on Aug. 9, 2026. MARGARET BRENNAN: We’re joined now by the Director of the National Institutes of Health, Dr. Jay Bhattacharya. Good morning to you, doctor. NIH DIRECTOR DR….

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Transcript: Sen. Bernie Sanders on “Face the Nation with Margaret Brennan,” Aug. 9, 2026

The following is the transcript of an interview with Sen. Bernie Sanders, Independent of Vermont, that aired on “Face the Nation with Margaret Brennan” on Aug. 9, 2026. MARGARET BRENNAN: And we turn now to Vermont Independent Senator Bernie Sanders, who joins us from Burlington. Good morning to you, Senator Sanders. SENATOR BERNIE SANDERS: Good…

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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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Transcript: Joe and Heather Manchin on “Face the Nation with Margaret Brennan,” Aug. 2, 2026

The following is the transcript of an interview with independent former Sen. Joe Manchin and his daughter, Americans Together CEO Heather Manchin, that aired on “Face the Nation with Margaret Brennan” on Aug. 2, 2026. MARGARET BRENNAN: And we’re joined now by former West Virginia Senator Joe Manchin and his daughter Heather Manchin. They are…

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