A key measure of inflation closely watched by U.S. policymakers showed that price increases slowed in July, the Bureau of Economic Analysis said Friday. The personal consumption expenditures price index came in with a year-over-year rise of 6.3% in July, down from 6.8% in June. The index actually fell 0.1% month over month. The core PCE index, which excludes volatile food and energy prices, showed a 4.6% rise year over year and a gain of 0.1% month over month in July, coming in softer than forecasts on both counts. Economists surveyed by Dow Jones were expecting 4.8% for the core year-over-year reading and 0.2% for ... (full story)