·Confidence 90%
US Core PCE Increases 0.2% in July Amid Stagnant Spending
Key takeaways
- The US Core PCE index rose 0.2% in July, signaling persistent inflation. Stagnant consumer spending may prompt the Fed to adjust interest rates.
Analysis
The US Core PCE index rose 0.2% in July, signaling persistent inflation. Stagnant consumer spending may prompt the Fed to adjust interest rates.
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