PCE inflation remained subdued this month, with both core and headline numbers right around 2%:
On a conventional year-over-year basis, headline PCE clocked in at 2.5% and core PCE at 2.6%.
2 thoughts on “PCE inflation remains under 2% in July”
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Cue the NYT explaining why this is bad news for Biden and Harris...
"Has Biden's pick for Fed Chair waited too long to confront the Biden-Harris recession? Many of the MAGA-faithful are saying 'Yes.'"