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Fox Business
Fox Business
31 Aug 2023


An inflation measure closely watched by the Federal Reserve ticked higher in July as steep prices continue to squeeze millions of U.S. households. 

The personal consumption expenditures (PCE) index showed that consumer prices rose 0.2% from the previous month and climbed 3.3% on an annual basis, according to the Labor Department. 

This is a developing story. Please check back for updates.