The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent

Inflation remained cool in July, based on the Personal Consumption Expenditures index, keeping the Federal Reserve on track for rate cuts. Banking and Financial Institutions, Regulation and Deregulation of Industry, United States Economy, Inflation (Economics), Interest Rates, Labor and Jobs Inflation remained cool in July, based on the Personal Consumption Expenditures index, keeping the Federal Reserve on track for rate cuts. NYT > Business

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