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: U.S. inflation
Federal Reserve Chair Jerome Powell’s Outlook on U.S. Inflation and Monetary Policy: Insights and Caution
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year. However, he acknowledges a decrease […]