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Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected

Published by CNBC · United States 1 h ago

The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.

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Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected

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