Falling Gas Prices Push U.S. Inflation Down to 3.5 Percent in June

Falling Gas Prices Push U.S. Inflation Down to 3.5 Percent in June

2026-07-15 economy

Washington, D.C., Tuesday, 14 July 2026.
U.S. inflation fell to 3.5% in June, driven by the largest monthly price drop since 2020. However, renewed Middle East tensions threaten to quickly reverse these gains.

Sources


Federal Reserve Inflation