BREAKING: July PCE inflation, the Fed's preferred inflation...

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    BREAKING:

    July PCE inflation, the Fed's preferred inflation measure, was 2.5%, BELOW expectations of 2.6%.
    Core PCE inflation was 2.6%, BELOW expectations of 2.7%.
    Both headline and core PCE inflation were flat compared to June.

    A September rate cut is on the way.
 
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