The Fed's favorite inflation gauge posted a slight upside surprise in July

- July: 17 events in the last 90 days
- Previous: earlier the same day · US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%
What happened
The headline PCE price index rose 3.7% annually, topping consensus by 0.1 percentage point, while core inflation matched expectations at 3.3%
Summary assembled by rule from the sources below