PCE index, the Fed’s preferred inflation measure, drops to 2.1%. Here’s what it means for interest rates.

By: The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank’s goal of a 2% annual rate. That could cement more rate cuts ahead in 2024 … See the full article on Personal Consumption Expenditures, or, read more…

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Fewer Americans filed for unemployment benefits last week as layoffs remain at historically healthy levels

WASHINGTON — Fewer Americans filed for unemployment benefits last week as layoffs remain at historically healthy levels. WASHINGTON — Fewer Americans filed for unemployment benefits last week as layoffs remain at historically healthy levels. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news. The choice is up to you.

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