The Federal Reserve's preferred inflation metric grew in June at its slowest annual rate since September 2021.
The Personal Consumption Expenditures (PCE) Index grew 3.0% year over year in June, down from 3.8% the month prior and in line with expectations. "Core" PCE, which excludes the volatile food and energy categories, grew 4.1%, down from 4.6% from the month prior and…