The Federal Reserve's preferred measure of price growth is expected to have slowed significantly in June, adding to the ongoing decline from its peak. The question now is how long this relief can last. Forecasted Slowdown in Core PCE Price Index Economists are forecasting that the core personal consumption expenditures (PCE) price index climbed by 0.2% in June, based on … [Read more...] about The Federal Reserve’s Preferred Measure of Price Growth
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