Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
· cnbc.com
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.
Consumer prices posted a smaller than expected increase in August from a year ago, according to the Federal Reserve's primary inflation gauge, the Commerce Depa...