Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July

· cnbc.com

The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.

People shop for groceries at a supermarket in Manhattan on Aug. 25, 2026 in New York City.

Prices consumers pay for a variety of goods and services rose slight...


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