Core PCE Inflation Rises 2.9% In July, As Expected

News Room
By News Room 0 Min Read

By Jennifer Nash

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in July. This was consistent with the forecast and marked an acceleration from June’s 2.8% reading. On a monthly basis, the core index was up 0.3%, as

Read the full article here

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *