Inflation stats, savings rate falls to 16 yr low not including Covid

I will be continuing my due diligence and channel checks on the live entertainment business by going to the US Open today so my Succinct Summation will come much later today. 

Headline and core PCE for July each rose .2% m/o/m as expected with the y/o/y gains of 2.5% and 2.6% respectively, unchanged with June. 

Goods prices y/o/y were dead flat at zero, staying around the pre Covid trend. Service prices grew by 3.7%, always the offset, vs 3.8% in June, 3.9% in May and 4% in the two prior months.