June PCE: Another Win for the Fed, and the Bulls
June PCE, the Fed’s preferred inflation gauge, fell to its lowest level in 2 years today — another win for bulls on the heels of the FOMC.
June PCE, the Fed’s preferred inflation gauge, fell to its lowest level in 2 years today — another win for bulls on the heels of the FOMC.
US inflation hit its lowest point since April of 2021 today according to the Fed’s preferred inflation gauge, the PCE.
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