https://www.live-feeds.com/feed/fed-s-preferred-inflation-gauge-shows-core-prices-rose-3-3-annually-in-julyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-s-preferred-inflation-gauge-shows-core-prices-rose-3-3-annually-in-julyhttps://www.live-feeds.com/feed/fed-s-preferred-inflation-gauge-shows-core-prices-rose-3-3-annually-in-july#u50650Fri, 28 Aug 2026 08:15:45 +0000Core prices increased 3.3% annually in July according to the Federal Reserve's preferred inflation gauge. This elevation reflects ongoing cost struggles for Americans and a 0.3% rise in services prices, which was driven by a 1.2% jump in financial services. While overall US PCE inflation reached 3.7% in July, these figures have not shifted investor expectations for a potential rate hike in September. Market volatility remains high globally, with Indian equities falling amid uncertainty over global interest rates and monthly expiry pressures.Why it mattersThe Federal Reserve uses the PCE i https://www.live-feeds.com/feed/fed-s-preferred-inflation-gauge-shows-core-prices-rose-3-3-annually-in-julyhttps://www.live-feeds.com/feed/fed-s-preferred-inflation-gauge-shows-core-prices-rose-3-3-annually-in-july#u49557Thu, 27 Aug 2026 05:01:36 +0000Core prices increased 3.3% annually in July, according to the Federal Reserve's preferred inflation measure. While some reports describe the advance as muted, other data indicates overall US PCE inflation rose to 3.7% in July. This persistent price pressure coincides with a pullback in consumer spending. The data has not significantly altered investor expectations regarding a potential Federal Reserve rate hike during the upcoming September meeting.Why it mattersThe Federal Reserve monitors the PCE gauge to determine if interest rate adjustments are necessary to stabilize the economy. Cur