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US inflation rises to 3.7% in July: What it means for Fed rate cuts
US PCE inflation rose to 3.7% in July as income and spending grew. Higher service prices may keep pressure on the Fed ahead of its September meeting. | Business News
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cnbc.com
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
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cryptobriefing.com
US PCE inflation edges higher in July while core measure meets forecast
The US Federal Reserve's preferred inflation gauge rose 3.7% annually in July, while core PCE held at a 3.3% rate.
