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Inflation Measure Favored by the Fed Cooled in August

The Personal Consumption Expenditures Index climbed more slowly, after cutting out food and fuel prices for a sense of the underlying trend.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Consumer Behavior, Inflation (Economics), Interest Rates, Prices (Fares, Fees and Rates), Supply Chain, United States Economy
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