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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.



Source link : https://www.nytimes.com/2024/08/30/business/economy/pce-inflation-fed-interest-rate.html

Author : Jeanna Smialek

Publish date : 2024-08-30 18:03:26

Copyright for syndicated content belongs to the linked Source.

Tags :The New York Times

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