Fed’s Preferred Inflation Measure Cooled Overall in June

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down. United States Economy, Inflation (Economics), Consumer Behavior, Interest Rates, Federal Reserve System, Prices (Fares, Fees and Rates) The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down. NYT > Business

Leave a Reply

Your email address will not be published. Required fields are marked *