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1 week ago
https://www.nytimes.com/2025/08/29/business/pce-inflation-fed.html?campaign_id=9&emc=edit_nn_20250830&instance_id=161573&nl=the-morning&regi_id=122976029&segment_id=204921&user_id=b25c5730c89e0c73f75709d8f1254337

July's inflation remained stable, prompting the Federal Reserve to consider lowering interest rates in September. Consumer spending rose, despite tariff-related price increases.

Inflation
Federal Reserve
Interest Rates
US Economy
Consumer Spending
Tariffs

AI Extracted Information

Automatically extracted metadata and content analysis.

AI Headline
Fed’s Preferred Inflation Gauge Stayed Stable in July
Simplified Title
Federal Reserve Holds Inflation Steady July 2025
AI Excerpt
July's inflation remained stable, prompting the Federal Reserve to consider lowering interest rates in September. Consumer spending rose, despite tariff-related price increases.
Subject Tags
Inflation Federal Reserve Interest Rates US Economy Consumer Spending Tariffs
Context Type
News
AI Confidence Score
1.000
Context Details
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Tone
informative
Perspective
neutral
Audience
general

Source Information

Complete details about this source submission.

Domain
nytimes.com
Site Name
The New York Times
Section
Business
Publisher
The New York Times Company
Author
Colby Smith
Published Date
August 29, 2025 at 12:00 AM
Overall Status
Pending
Submitted By
Donato V. Pompo
Submission Date
August 30, 2025 at 5:12 PM
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Created At
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Updated At
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Original Content
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    <title>PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates - The New York Times</title>
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Parsed Content
Fed’s Preferred Inflation Gauge Stayed Stable in July

By Colby Smith
Aug. 29, 2025

The Federal Reserve’s preferred measure of inflation stayed steady in July, keeping the central bank on track to begin lowering interest rates as soon its next meeting in September.

Consumer prices rose 0.2 percent in July and were up 2.6 percent from a year earlier, according to the Personal Consumption Expenditures price index, which the Commerce Department released on Friday. That was the same annual pace registered the previous period.

β€œCore” prices, which exclude volatile food and energy costs and are seen as a more reliable gauge of underlying inflation, rose 0.3 percent from the previous month. Compared with the same time last year, those prices were up 2.9 percent, slightly higher than June’s year-over-year increase.

Are Price Pressures at an Inflection Point?

President Trump’s tariffs have started to push up consumer prices, but what is not yet clear is how much further they are set to ris...

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