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Core inflation rate rose to 2.9% in July, as expected, key Fed measure shows
CNBC Televisionยท 2025-08-29 13:11
We want to uh get over to the PCE report which is going to be out in just seconds. Want to get straight over to Rick Santelli standing by at the CME. Rick.Yes. We are awaiting the July read on income and spending and all the Fed's favorite inflation metrics and they are populating on the wire as we speak. Personal income up exactly as expected up 4/10.Up 4/10 would be the best since up 8/10 in April. up half a percent in spending very solid and very much as expected up half a percent since March when it was ...