The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
Category: Bureau of Economic Analysis
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PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The New York Times – Business: -
U.S. Economy Grew More Slowly in the Second Quarter
The New York Times – Business:Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.