The BEA’s core Personal Consumption Expenditures (PCE) Price Index for July showed that core inflation continues to be above the Federal Reserve’s 2% long-term target at 2.6%. The July core Consumer Price Index (CPI) release was higher, at 3.2%. For a closer look at each of those releases, check out our latest Consumer Price Index [...] The post Two Measures of Inflation: July 2024 appeared first on ETF Trends .