RESOLVING THE LEDGER
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Early Wednesday, the Commerce Department's preliminary reading for second-quarter GDP is set for 8:30 a.m. ET. Economists expect growth of 1.5%, unchanged from the previous estimate.\r
Meanwhile, the Federal Reserve's favored inflation reading \u2014 the core personal consumption expenditures, or PCE, price index \u2014 is also due at 8:30 a.m. ET. The core PCE price index is seen rising 0.2% in July, with an annual increase of 3.3%.
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