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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.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Inflation (Economics), Interest Rates, Labor and Jobs, Regulation and Deregulation of Industry, United States Economy
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