Inflation slowed in July as effects linger, agency reports ...Middle East

Inflation as measured by the Federal Reserve’s preferred indicators cooled down in July to a 6.3 percent year-over-year clip, compared with 6.8 percent in June. Stripping out food and energy prices, the personal consumption expenditure index rose by 4.6 percent over the same period 12 months earlier, down from 4.8 percent in June.  Overall inflation […] The post Inflation slowed in July as effects linger, agency reports appeared first on Roll Call.

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