Tag: pce report

US PCE inflation rose to 3.7% in July as income and spending grew. (Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

US inflation rises to 3.7% in July: What it means for Fed rate cuts

Prices paid by US consumers for goods and services increased slightly in July. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation…

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