A cooler-than-expected reading on Fed’s favored inflation measure tamps down on urgency for rate hikes Yahoo Finance Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected CNBC Stock Market Indexes Rally on Inflation Data, Though the Dow Sat It Out Yahoo Finance Stock Market Today: Nasdaq Jumps After GDP, PCE Data Point to Strength in U.S. Economy — Live Updates WSJ US inflation rises below expectations in August; consumer spending robust Reuters
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