Post #52576 by AlphaWolf on the US Policy board

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A key Fed-watched measure of inflation rose as expected in July, new government data showed Friday. The "core" Personal Consumption Expenditures index, closely studied by the central bank, rose 0.3% on a monthly basis and 2.9% on an annual basis, above the Fed's 2% inflation target. Both numbers matched economist expectations, though the annual pace marked the biggest rise since February.

Meanwhile, US consumer sentiment declined to a three-month low as consumers in a University of Michigan survey suggested they expect inflation to surge over the next year.

I tariff can’t tariff imagine tariff why tariff consumers tariff expect tariff inflation tariff to tariff surge tariff over tariff the tariff next tariff year.

https://finance.yahoo.com/news/live/stock-market-t...

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