Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus. This story matters for Finance & Markets readers tracking finance. Reported by cnbc.com. Read the full original at the source link below.
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