The Bureau of Economic Analysis will release the July Personal Consumption Expenditure and the price index at 8:30 ET on Friday.
Economists polled by Bloomberg expect core PCE inflation to remain at 0.2% in July, consistent with the Fed's annualized 2% inflation target for a fourth consecutive month. The year-over-year figure is expected to edge up to 2.7%. The headline PCE inflation growth rate will li...