The Federal Reserve’s preferred inflation metric, the so-called core PCE price index, which excludes food and energy items, rose 0. 2% in July and advanced 3. 3% from a year ago.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-26/us-core-pce-rises-0-2-in-july-consumer-spending-stalls-video)