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Fed's Favorite Inflation Indicator Ticks Up In July As Americans Suddenly Start Saving More

Fed's Favorite Inflation Indicator Ticks Up In July As Americans Suddenly Start Saving More Following the CPI and PPI internals, this morning's PCE data should not offer too many surprises with expectations for the headline price Index to rise just 0.1% MoM in July (after deflating for the first time since COVID in June). The (old) Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - printed in line with expectations (+0.2% MoM and +3.3% YoY),...
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Jul 23, 2026 / Tyler Durden
NHTSA Begins Work On New Car Door-Handle Rules After Bloomberg's Tesla Report
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Apr 9, 2026 / Tyler Durden
Southwest Airlines Limits Passengers To One Portable Charger On Flights
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Aug 4, 2026 / Dave DeCamp
Netanyahu Says Israel Didn’t Agree to Proposal on Hamas Disarmament Announced by Trump
Israeli Prime Minister Benjamin Netanyahu said on Tuesday that Israel had rejected a proposal for Hamas’s disarmament in Gaza that was announced by President Trump and the so-called “Board of Peace.” Netanyahu made the comments in a brief video posted to his Facebook page, where he denied that the IDF was withdrawing from Gaza. “I […]
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