https://www.live-feeds.com/feed/sticky-pce-inflation-leaves-a-divided-central-bank-ahead-of-fed-s-jackson-hole-retreatContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/sticky-pce-inflation-leaves-a-divided-central-bank-ahead-of-fed-s-jackson-hole-retreathttps://www.live-feeds.com/feed/sticky-pce-inflation-leaves-a-divided-central-bank-ahead-of-fed-s-jackson-hole-retreat#u51828Sat, 29 Aug 2026 13:51:59 +0000The US Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, showed core prices rose 3.3% annually in July. This persistence in inflation, coupled with consumers pulling back on spending, has left the central bank divided ahead of its retreat in Jackson Hole. The Fed is grappling with how to address the ongoing price pressures.Why it mattersThe Federal Reserve has been focused on tackling inflation, which has remained elevated despite previous rate hikes. The central bank's commitment to reducing inflation is being tested as it consider