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Core PCE inflation in July, above Fed’s 2% target

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2 outlets - including Bitcoinworld and Cryptobriefing - are covering this story. BitcoinWorld Core PCE Inflation Rises 0.2% in July, In Line with Forecasts The U.S. core personal consumption expenditures (PCE) price index rose 0.2% in July from the previous month, matching economists’ expectations, according to data rel…

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Core PCE Inflation Rises 0.2% in July, In Line with Forecasts
Bitcoin World 52m ago

Core PCE Inflation Rises 0.2% in July, In Line with Forecasts

BitcoinWorld Core PCE Inflation Rises 0.2% in July, In Line with Forecasts The U.S. core personal consumption expenditures (PCE) price index rose 0.2% in July from the previous month, matching economists’ expectations, according to data rel…

Core PCE inflation in July, above Fed’s 2% target
Crypto Briefing News 1h ago

Core PCE inflation in July, above Fed’s 2% target

Persistent inflation above target may lead the Fed to maintain higher interest rates, reducing the likelihood of near-term rate cuts.