President Joe Biden Released a Statement on the June 2024 Personal Consumption Expenditures Price Index (PCE) Showing Inflation at 2.5% Year-Over-Year

By: View Comments July 27, 2024 – On Friday, President Joe Biden released a Statement on the June 2024 Personal Consumption Expenditures Price Index (PCE) showing inflation at 2.5% year-over-year.Full ReportToday’s report shows we are making real progress fighting inflation. Over the last year, inflation has come down to 2.5% at a time when the economy…

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Fed’s Preferred Inflation Measure Shows Mixed Readings, Personal Income, Spending Fall: September Rate Cut Remains Likely

By: The Personal Consumption Expenditure (PCE) price index continued to decline in June as economists anticipated, continuing to bolster the case for a Fed rate cut in September. The PCE — a basket of … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!

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