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U.S. Core Inflation Holds Steady at 3.3 Percent as Energy Costs Push Prices Higher
The Federal Reserve’s preferred inflation gauge showed core prices increased 3.3 percent annually in July, while overall inflation reached 3.7 percent amid rising energy costs. The data underscores persistent price pressures even as private household incomes saw unexpected growth.
26 Aug, 12:35 — 26 Aug, 12:35
The Story
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Source Diversity
Source Diversity
High (60/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
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Far Left (1)
NYT
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Left (2)
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Center1
Center (1)
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Right
Far R
Geographic diversity— 3 regions13/34
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Sources
Showing 2 of 4 sources
NYTMostly Factual1h ago
Inflation Remains Elevated as Energy Costs Push on Prices
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
By Ben Casselman
Read full article →cnbcMostly Factual1h ago
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Read full article →Coverage Timeline
First report: vg · 26 Aug, 12:30|Full coverage: 4 · 35m|Window: 35m
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