Personal Consumption Expenditures Report Shows Easing Inflation: Key Insights for Arizona Real Estate Investors
**Summary of Personal Consumption Expenditures Data** The latest data from the Personal Consumption Expenditures (PCE) index indicates a slight cooling in inflation pressures, with the core PCE — a key metric watched by the Federal Reserve — rising by 0.1% in May, matching economists’ expectations. Annually, core PCE increased 2.6%, representing the lowest annual growth…