Inflation held at 3.7% in July in Fed’s preferred gauge, reflecting affordability woes

How 1 sources are covering this

• Washington ExaminerLean R·1h ago

  Inflation held at 3.7% in July in Fed’s preferred gauge, reflecting affordability woes

  Inflation held at 3.7% for the year ending in July, the Bureau of Labor Statistics said Wednesday morning in an update to the personal consumption expenditures index, which is the Federal Reserve’s preferred inflation gauge. The stubbornly high inflation shows that price pressures continue to pose a major threat to the economy, as well as […]

  Read at Washington Examiner →