PCE inflation on track!

in economy •  3 months ago 

1000037954.jpg

In a bit of good news, PCE inflation was excellent in May. Headline PCE was 0%. Core PCE was 0.1%.

PCE is the main inflation measure the Fed watches.

If we keep seeing months like this we could have rate cuts in the fall before the election.

economy inflation pce fed rate cuts
3 months ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$11.52
  • Past Payouts $11.52
  • - Author $5.82
  • - Curators $5.70
14 votes
0
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!