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US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...
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Cleveland Fed Reports 0.2% Monthly Increase in PCE Inflation

The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up slightly in the past month. The median inflation rate is...