US Core PCE rises 0.2% in July, consumer spending stalls

Persistent inflation and stagnant consumer spending may lead the Federal Reserve to maintain or increase interest rates, affecting economic growth. The post US Core PCE rises 0.2% in July, consumer spending stalls appeared first on Crypto Briefing....
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Core PCE inflation in July, above Fed’s 2% target

Persistent inflation above target may lead the Fed to maintain higher interest rates, reducing the likelihood of near-term rate cuts. The post Core PCE inflation in July, above Fed’s 2% target appeared first on Crypto Briefing....
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