Annual inflation edged higher but was in line with expectations in July, showing some impact from tariffs, as seen in the Bureau of Labor Statistics’ Consumer Price Index and now reflected in the Personal Consumption Expenditure (PCE) index from the Bureau of Economic Analysis (BEA). Both are primary inflation measures with the PCE favored by… The post Annual Inflation Largely Flat in July as Likely Interest Rate Cut Approaches appeared first on RISMedia.
