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Economics

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

August 26, 2026 CNBC Economy 1 min read
CNBC Economy · Center
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July

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.

Source: CNBC Economy

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