pce index

  • Key federal reserve inflation measure, core personal consumption expenditures price index, the Federal Reserve’s key inflation measure, spiked in July 2021 by the most on an annual basis in 30 years.

    Federal Reserve’s Favorite Inflation Measure Soared By Fastest Pace In 30 Years

    The Federal Reserve’s preferred measure of inflation soared by the fastest rate in 30 years. The personal consumption expenditures price index rose 4.2% year over year in July – the most since January 1991. The price index for American consumer…