Looking ahead to the next batch of inflation reports.
People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times
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The Federal Reserve’s preferred inflation gauge was unchanged in July, easing concerns that tariffs are reviving cost pressures.
According to data released by the Bureau of Economic Analysis on Aug. 29, annual personal consumption expenditure (PCE) price index inflation was flat at 2.6 percent in July.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
