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Fed's Favorite Inflation Measure Remains Unchanged In July

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Federal Reserve's favorite measure of inflation held steady in the seventh month of the year, official data revealed on Monday. According to the Bureau of Economic Analysis, the Personal Consumption Expenditures Price Index, excluding the volatile food and energy components, rose 1.6% year-over-year in July, unchanged from last month,[​IMG]

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