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. [Source]
Publication Date:Origin: nytimes.com
Category: United States Economy
Topics: percent, Fed’s, increases, price, target, still, climbed, Index, Expenditures, Consumption, Personal, Overall, Cooled, Measure, Inflation, Preferred
Source: https://www.nytimes.com/2024/07/26/business/economy/federal-reserve-inflation-cooled.html