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Core PCE Inflation Rises 2.9% In July, As Expected

Source: SeekingAlpha

2025-08-30 00:30:00 ET

By Jennifer Nash

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.9% year-over-year in July. This was consistent with the forecast and marked an acceleration from June's 2.8% reading. On a monthly basis, the core index was up 0.3%, as expected....

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Core PCE Inflation Rises 2.9% In July, As Expected
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