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FinFinGo > News > Economy > The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
August 30, 2024
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The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent

Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.