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Wu Blockchain (@WuBlockchain): The U.S. released July's core PCE price index, with the annual rate rising to 2.9%, up from 2.6%, marking the highest level since December 2024. The c…

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The U.S. released July's core PCE price index, with the annual rate rising to 2.9%, up from 2.6%, marking the highest level since December 2024. The core PCE monthly rate was 0.3%, compared to 0.1% previously. The overall PCE annual rate was 2.6%, with a monthly rate of 0.2%.

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