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

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

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.

Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal Reserve's main inflation gauge. The personal consumption expenditures price index, which the … [+2482 chars]

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