Tag: pce inflation
Posted in Business
US inflation rises to 3.7% in July: What it means for Fed rate cuts
Prices paid by US consumers for goods and services increased slightly in July. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation…
Posted in Business
US core inflation eases to 3.3% in June as September Fed rate hike remains in focus
The Federal Reserve’s preferred inflation measure, the core Personal Consumption Expenditures (PCE) price index, eased to 3.3% in June from 3.4% in May, according to…