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Inflation Eased in July, According to the Fed’s Preferred Measure
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Inflation decelerated in July, measured by the Federal Reserve’s preferred gauge, though it remained close to its fastest pace since 1982.
Consumer prices rose 6.3% in July from a year earlier, down from 6.8% in June, as measured by the Commerce Department’s personal-consumption expenditures price index, which it reported Friday. The gain in June marked the sharpest 12-month rise since January 1982.
Read more on wsj.comAbout this in other media
Labor Board Proposes New Joint Employer Rule, Easing Trump-Era Limits wsj.com /2 years ago
Germany announces energy windfall tax and €65bn package to help ease prices theguardian.com /2 years ago
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