Kyle Fitzgerald
Kyle Fitzgerald
Kyle Fitzgerald is a homepage editor based in Connecticut. He was most recently an Audience Development Editor at The US Sun. He previously covered two Olympic Games for NBC Sports Group, where he was part of an Emmy-award winning team in 2016 for outstanding trans-media sport coverage. Kyle has a communication degree from the University of Westminster.Source
Connecticut, USA
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Federal Reserve's preferred inflation metric rises slightly in July

Federal Reserve's preferred inflation metric rises slightly in July

An inflation metric closely monitored by the Federal Reserve rose slightly in July, adding to expectations that the central bank will leave interest rates unchanged next month. The Price Consumption Expenditures Price Index increased 0.2 per cent last month, data from the Labour Department on Tuesday showed. Core PCE inflation – which excludes food and energy – also increased by 0.2 per cent. Headline inflation rose 3.3 per cent on an annual basis, up from 3.0 per cent in July. Core PCE inflation rose 4.2 per cent annually, in line with estimations from a Reuters survey of economists.READ...

August 31, 2023
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