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Fed's preferred inflation gauge due Wednesday

Original: The Fed's main inflation measure will be released Wednesday. Here's what to expect

The US personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, will be released Wednesday. Economists and investors will be watching the figures closely for clues on the path of interest rates, as officials weigh how quickly price pressures are cooling before deciding on further policy moves.

Why now: Markets are focused on inflation data that could shape the Fed's next interest rate decision.

Federal ReserveUnited States

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