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Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
...but the soaring cost of semiconductors (the software and accessories component receives about 30 times the weight in PCE as it does in CPI) - has stalled...
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6 prospettive sulla stessa storiaTimeline cronologica
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cnbc.com
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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benzinga.com
Fed's Favorite Inflation Gauge Hits 3-Year High, Fueling Rate-Hike Bets
PCE inflation rose further in May, reinforcing bets the Fed hikes rates by October as Chair Kevin Warsh keeps policy tight to cool prices.
