The July Personal Consumption Expenditures (PCE) inflation data, which is closely watched by the Federal Reserve, came in slightly below expectations. The headline PCE inflation […]
Tag: personal income
June U.S. PCE Inflation Data: Core Inflation Matches Estimates, Market Anticipates Fed Rate Hold and Cuts
In June, the Personal Consumption Expenditures (PCE) inflation rate was reported at 2.6%, surpassing the expected 2.5%. At the same time, Core PCE inflation, which […]